LTC/USDT – 4H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards

A bearish movement down to the next support line at 53.26 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 56.8 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ heading down is 82%.

56.8 – 56.59 – 58.71 – 53.26 – 53.03 – 54.59 —
54.070000000 – 53.940000000 —
42.693728644289 – 39.924208985663 —
– —
56.8 – 1774468800

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