LTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support at is considered certain.

Caution: A possible trend reversal in the direction of resistance at 55.88 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Tweezers Top’ chart pattern is found. The candles form ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

55.88 – 55.4 – 55.44 – 54.76 – 54.67 – 54.64 —
55.360000000 – 55.170000000 —
46.8163146265 – 48.652554518057 —
– —
55.88 – 1776781800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –