LTC/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.

A bearish descent down to the next support line at 122.070000000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 128.150000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

128.150000000 – 126.140000000 – 126.350000000 – 122.070000000 – 118.250000000 – 119.320000000 — 36.888560102975 – 35.272241606193

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –