Sell LTC/USDT – 30M – SELL

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

A bearish movement down to the next support at 86.380000000 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 90.180000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick chart pattern is discovered. 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 success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 98.490000000
2nd High 95.000000000
Next High 90.180000000
Current Price 86.050000000
Next Low 86.380000000
2nd Low 84.680000000
3rd Low 81.600000000

Download LTC/USDT Signal Image

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