LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support line at will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 54.77 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Two Crows’ candlestick pattern is existing. The chart forms ‘Two Crows’. 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

54.77 – 55.85 – 55.65 – 53.58 – 53.17 – 54.67 —
54.060000000 – 54.930000000 —
44.34108589236 – 57.945141058749 —
– —
54.77 – 1771401600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Head and Shoulder chart pattern – –