Sell LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support at 53.06 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 54.41 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 55.18
2nd High 54.93
Next High 54.41
Current Price 53.410000000
Next Low 53.06
2nd Low 52.22
3rd Low 51.88

54.41 – 54.93 – 55.18 – 53.06 – 52.22 – 53.64 —
53.920000000 – 54.050000000 —
54.297260022537 – 55.958616402555 —
– —
54.41 – 1774857600

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals