LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards

A bearish movement down to the next support at 54.84 will persist.

Caution: A possible change in the direction of the resistance line at 57.71 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

56.03 – 55.64 – 55.99 – 54.84 – 54.9 – 55.04 —
55.760000000 – 56.280000000 —
64.21696763612 – 68.031865470732 —
– —
56.03 – 1777662000

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