LTC/USDT – 30M – SELL

Then a ‘Double bottom retreat down’ chart formation is existing. The chart shows ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.

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

The bearish trend downwards to the next support level at 113.600000000 is expected.

Caution: A possible change in the direction of the resistance zone at 115.310000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘Last Engulfing Bottom:’ candle pattern is discovered. The chart forms ‘Last Engulfing Bottom:’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

114.890000000 – 115.310000000 – 119.470000000 – 113.600000000 – 113.400000000 – 113.370000000 — 62.274247554458 – 54.308722118255

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Last Engulfing Bottom: – Double bottom retreat down – –