LTC/USDT – 30M – SELL

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

A descending movement down to the next support line at 115.380000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 122.730000000 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 114.26 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 122.730000000 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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