LTC/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards

A bearish movement downwards to the next support line at 112.950000000 is certain.

Caution: A possible change in the direction of the resistance line at 120.830000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 111.92462 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 120.830000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

120.830000000 – 116.960000000 – 118.730000000 – 112.950000000 – 111.900000000 – 111.230000000 — 29.490565176109 – 28.270394214238

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –