LTC/USDT – 4H – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline down.

A continuation of the downward movement down to the next support line at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 43.82 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candle chart pattern is detected. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

43.82 – 52.78 – 54.7 – 41.25 – 40.52 – 50.33 —
45.870000000 – 45.980000000 —
66.129090569365 – 60.841506379315 —
– —
43.82 – 1780948800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –