LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support level at 53.65 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 55.49 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

55.49 – 55.88 – 56 – 53.65 – 54.76 – 54.18 —
54.890000000 – 53.430000000 —
41.770230153402 – 29.102943609384 —
– —
55.49 – 1770591600

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