LTC/USDT – 30M – SELL

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

A bearish movement downwards to the next support at 118.250000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 128.150000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

128.150000000 – 127.330000000 – 126.140000000 – 119.560000000 – 122.880000000 – 122.070000000 — 36.507955307523 – 33.039739043813

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