LTC/USDT – 30M – SELL

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

A bearish trend down to the next support line at 115.380000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 122.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 114.26 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 122.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows