LTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 116.550000000 is expected.

Caution: A possible change in the direction of resistance at 120.810000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Matching Low’ candle pattern is discovered. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency 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).

120.810000000 – 123.270000000 – 133.990000000 – 116.550000000 – 119.260000000 – 128.900000000 — 43.742729317093 – 43.49843066416

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –