LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards

A descending movement down to the next support line at 54.76 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 57.71 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair is likely to fall.

Next a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

55.92 – 56.43 – 55.44 – 54.76 – 54.95 – 54.99 —
57.530000000 – 57.010000000 —
78.297299961738 – 51.995067775893 —
– —
55.92 – 1777987800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –