LTC/USDT – 30M – SELL

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

A bearish movement down to the next support line at 115.380000000 will persist.

Caution: A possible change in the direction of the resistance zone at 122.730000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 114.26 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 122.730000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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