LTC/USDT – 30M – SELL

There is also a ‘Triple top chart pattern’ chart formation is detected. The chart forms ‘Triple top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support level at 115.510000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 124.770000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Bearish Breakaway’ candle pattern is existing. The candles form ‘Bearish Breakaway’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Breakaway’ going down is 63% (Bull Market) & 89% (Bear Market).

124.770000000 – 122.130000000 – 122.780000000 – 115.510000000 – 118.280000000 – 120.400000000 — 37.245575250538 – 37.117377077206

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Breakaway – Triple top chart pattern – –