LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.

A bearish descent downwards to the next support level at 87.630000000 is expected.

Caution: A possible change in the direction of the resistance zone at 105.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 93.27 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 105.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘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’ heading down is 82%.

Download LTC/USDT Signal Image

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