LTC/USDT – 30M – SELL

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

A descending movement down to the next support level at 111.640000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 114.900000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Inside Down’ candle pattern is found. The chart forms ‘Three Inside Down’. 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 success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Inside Down