Sell LTC/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support level at 120.900000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 126.350000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 129.160000000
2nd High 126.420000000
Next High 126.350000000
Current Price 120.800000000
Next Low 120.900000000
2nd Low 119.320000000
3rd Low 117.370000000

126.350000000 – 125.900000000 – 126.420000000 – 120.900000000 – 122.830000000 – 119.320000000 — 38.254830085179 – 34.370429295215

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