LTC/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 62.71 is likely expected.

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

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

66.02 – 70.49 – 70.12 – 63.65 – 62.71 – 68.42 —
63.530000000 – 61.140000000 —
31.176675011213 – 16.147111669128 —
– —
66.02000 – 1769799600

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