LTC/USDT – 4H – SELL

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

A continuation of the bearish trend downwards to the next support at 103.160000000 is certain.

Caution: A possible change in the direction of the resistance line at 123.200000000 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Three Outside Down’ candle chart pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

123.200000000 – 134.190000000 – 126.420000000 – 116.550000000 – 118.360000000 – 118.250000000 — 36.048308635539 – 32.961109902701

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –