Sell LTC/USDT – 1H – SELL

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

A bearish trend down to the next support at 121.900000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 135.700000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 135.700000000
Current Price 135.020000000
Next Low 121.900000000
2nd Low 93.660000000
3rd Low 87.950000000

Download LTC/USDT Signal Image

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