LTC/USDT – 30M – SELL

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

The bearish trend downwards to the next support line at 87.630000000 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 105.000000000 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 93.27 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 105.000000000 could happen.
Consider stop-loss settings accordingly.

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

Download LTC/USDT Signal Image

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