LTC/USDT – 4H – SELL

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

A descending movement downwards to the next support level at 81.540000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 98.490000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 90.45656 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 98.490000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle chart pattern is detected. 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 probability of ‘Three Black Crows’ heading down is 82%.

Download LTC/USDT Signal Image

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