LTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 115.34 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 119.6 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Bearish Belt Hold’ candle pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

119.6 – 118.32 – 119.19 – 115.34 – 115.16 – 117.37 — 64.531607210528 – 54.139440346637 — 44.67086654667 – 31.499100025714 – 36.613239621725 – 36.64038170338

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –