LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support at 106.740000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 115.470000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a positive chart scenario. The currency pair could go up.

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

Besides a ‘Three Black Crows’ candlestick chart pattern is found. 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%.

115.470000000 – 115.470000000 – 116.380000000 – 106.740000000 – 109.330000000 – 108.180000000 — 37.346259365459 – 36.327497335643

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Triple top chart pattern –