LTC/USDT – 1H – SELL

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

A descent down to the next support at 54.76 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 57.71 could happen.
Consider stop-loss settings accordingly.

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

56.43 – 56.03 – 55.64 – 54.76 – 54.95 – 54.99 —
56.650000000 – 57.880000000 —
71.594518396979 – 79.548103987203 —
– —
56.43 – 1777867200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –