LTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 55.05 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 56.02 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

56.02 – 55.87 – 56.16 – 55.05 – 53.27 – 53.03 —
55.700000000 – 55.880000000 —
52.336555501605 – 52.889082827318 —
– —
56.02 – 1774337400

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