LTC/USDT – 1H – SELL

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

A descent downwards to the next support at 93.660000000 will continue.

Caution: A possible change in the direction of the resistance level at 103.180000000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 97.155 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 103.180000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘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 chance of ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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