LTC/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 52.71 is considered certain.

Caution: A possible change in the direction of the resistance line at 55.47 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candle chart pattern is existing. The candles show ‘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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

55.47 – 54.93 – 55.85 – 52.71 – 51.42 – 52.95 —
55.230000000 – 55.520000000 —
56.74894993499 – 59.662838233053 —
– —
55.47 – 1771603200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Double top chart pattern – –