Sell LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.

A descent down to the next support at 55.75 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 56.61 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Two Crows’ candle chart pattern is discovered. The candles form ‘Two 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 56.76
2nd High 56.72
Next High 56.61
Current Price 55.860000000
Next Low 55.75
2nd Low 55.12
3rd Low 54.97

56.61 – 56.72 – 56.76 – 55.91 – 56.17 – 56.34 —
56.130000000 – 56.010000000 —
36.826311698553 – 36.315579387776 —
– —
56.61 – 1777131000

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