Sell LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support level at 118.250000000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 126.140000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which could be a negative chart signal. The pair is likely to go down.

Then a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Support & Resistance Price Range*
3rd High 126.420000000
2nd High 126.350000000
Next High 126.140000000
Current Price 125.220000000
Next Low 118.250000000
2nd Low 117.370000000
3rd Low 115.190000000

126.140000000 – 123.880000000 – 122.750000000 – 118.250000000 – 120.100000000 – 120.900000000 — 62.385457066563 – 57.62879304158

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