LTC/USDT – 30M – SELL

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

The bearish trend down to the next support level at 81.600000000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 98.490000000 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 82.09404 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 98.490000000 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish 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’ heading down is 82%.

Download LTC/USDT Signal Image

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