LTC/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 68.64 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 70.01 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

70.01 – 70.49 – 70.23 – 69.19 – 68.64 – 67.75 —
69.960000000 – 70.000000000 —
50.336505332772 – 53.187676248168 —
– —
70.01000 – 1769581800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – Double top chart pattern – –