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 53.3 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 54.7 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 53.995 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 54.7 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

54.7 – 54.47 – 54.3 – 53.3 – 53.81 – 53.54 —
54.410000000 – 54.360000000 —
55.499321559389 – 57.582470583866 —
– —
54.7 – 1779350400

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