LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support level at 115.380000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 122.730000000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered 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 the support level at 122.730000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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