LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 117.370000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 123.270000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Matching Low’ candlestick pattern is existing. The chart forms ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

123.270000000 – 133.990000000 – 134.190000000 – 119.260000000 – 128.900000000 – 118.360000000 — 27.891023640954 – 27.666478821762

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – Double top chart pattern – –