Sell LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at is certain.

Caution: A possible change in the direction of the resistance zone at 111.270000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 113.940000000
2nd High 112.100000000
Next High 111.270000000
Current Price 110.010000000
Next Low
2nd Low
3rd Low

111.270000000 – 110.910000000 – 110.170000000 – 109.290000000 – 108.300000000 – 108.630000000 — 50.036985703295 – 45.629707790818

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