LTC/USDT – 30M – SELL

There is also a ‘Double top chart pattern’ chart formation is existing. The chart picture forms ‘Double top chart pattern’. which is a negative signal. The pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A bearish movement down to the next support line at is expected.

Caution: A possible trend reversal in the direction of resistance at 122.130000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. 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 expected. Current target is 118.085 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 122.130000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

122.130000000 – 122.780000000 – 123.660000000 – 120.400000000 – 119.970000000 – 112.510000000 — 43.458627948621 – 37.827995200817

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