LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 54.67 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 55.72 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 54.4985 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 55.72 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

55.4 – 55.44 – 55.72 – 54.67 – 54.64 – 53.91 —
55.500000000 – 55.470000000 —
62.031312951779 – 51.208021030758 —
– —
55.4 – 1776709800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –