LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A descending movement down to the next support level at 93.380000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 98.150000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 91.63822 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 98.150000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Download LTC/USDT Signal Image

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