LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support level at 108.300000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 111.270000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Tweezers Top’ candlestick chart pattern is existing. The candles form ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

111.270000000 – 114.620000000 – 116.270000000 – 108.300000000 – 111.440000000 – 111.320000000 — 48.597740017025 – 45.563909382653

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top – – –