LTC/USDT – 1H – SELL

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

A descent down to the next support line at 101.080000000 will continue.

Caution: A possible trend reversal in the direction of resistance at 106.510000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download LTC/USDT Signal Image

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