Sell LTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at is likely expected.

Caution: A possible change in the direction of the resistance line at 119.470000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

In addition a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 120.830000000
Next High 119.470000000
Current Price 116.950000000
Next Low
2nd Low
3rd Low

119.470000000 – 118.120000000 – 115.870000000 – 116.280000000 – 114.910000000 – 113.130000000 — 45.02443202033 – 43.827364039614

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