LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards

A descending movement down to the next support at 62.45 is likely expected.

Caution: A possible change in the direction of the resistance zone at 66.02 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

66.02 – 66.47 – 69.89 – 62.45 – 63.65 – 62.71 —
63.530000000 – 62.780000000 —
30.749885271285 – 25.739379579435 —
– —
66.02000 – 1769799600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –