LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support line at 52.96 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 54.41 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

54.41 – 54.31 – 54.39 – 52.96 – 52.22 – 53.08 —
54.030000000 – 53.990000000 —
53.13003220236 – 51.883174633288 —
– —
54.41 – 1774859400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – – –