LTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards

The bearish trend downwards to the next support at 111.500000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 115.120000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

Then a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 110.70268 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 115.120000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Matching Low’ candle chart pattern is existing. The candles show ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

115.120000000 – 113.500000000 – 113.310000000 – 111.500000000 – 109.500000000 – 112.150000000 — 43.575522555362 – 43.148798090357

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –