Sell LTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 117.140000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 123.200000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 133.990000000
2nd High 123.270000000
Next High 123.200000000
Current Price 121.230000000
Next Low 117.140000000
2nd Low 116.550000000
3rd Low 115.190000000

123.200000000 – 120.810000000 – 123.270000000 – 117.140000000 – 116.550000000 – 119.260000000 — 48.742807577807 – 46.942332084236

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