LTC/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A descent down to the next support level at 67.75 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 70.49 could occur.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 67.80836 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 70.49 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency 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%.

70.49 – 70.12 – 68.98 – 68.42 – 68.64 – 67.75 —
69.700000000 – 69.300000000 —
48.793279683816 – 40.413716579979 —
– —
70.49000 – 1769554800

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