LTC/USDT – 30M – SELL

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

The bearish trend down to the next support at 95.820000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 98.950000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. 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%.

97.260000000 – 96.090000000 – 97.990000000 – 95.820000000 – 95.100000000 – 91.650000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern