LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support at 115.290000000 will persist.

Caution: A possible counter-trend in the direction of resistance at 123.200000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

123.200000000 – 120.810000000 – 123.270000000 – 115.290000000 – 117.140000000 – 116.550000000 — 43.653738529817 – 42.429925813423

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –