LTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.

A bearish descent downwards to the next support line at 54.91 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 56 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candle pattern is found. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

55.6 – 55.41 – 55.47 – 54.91 – 54.82 – 52.71 —
55.230000000 – 55.990000000 —
52.864524586101 – 69.139544283287 —
– —
55.6 – 1771662600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –