Sell LTC/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support at 117.370000000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 123.270000000 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 134.190000000
2nd High 133.990000000
Next High 123.270000000
Current Price 118.220000000
Next Low 117.370000000
2nd Low 115.190000000
3rd Low 103.160000000

123.270000000 – 133.990000000 – 134.190000000 – 119.260000000 – 128.900000000 – 118.360000000 — 26.930793099319 – 25.403434046403

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