LTC/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish trend down to the next support line at 110.810000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 111.910000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

111.910000000 – 110.790000000 – 111.270000000 – 110.810000000 – 109.290000000 – 108.300000000 — 54.811250253598 – 49.424978081649

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –