Sell LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at is certain.

Caution: A possible change in the direction of the resistance zone at 114.620000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

And also a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 114.620000000
Current Price 112.750000000
Next Low
2nd Low
3rd Low

114.620000000 – 116.270000000 – 124.770000000 – 111.440000000 – 111.320000000 – 112.170000000 — 48.949793203371 – 47.919108011984

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