LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 112.060000000 is certain.

Caution: A possible counter-trend in the direction of resistance at 117.300000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 114.68 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 117.300000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

117.300000000 – 117.120000000 – 115.520000000 – 112.060000000 – 112.110000000 – 113.420000000 — 47.605164095507 – 44.915911566656

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