LTC/USDT – 30M – SELL

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

A bearish descent down to the next support line at 115.380000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 122.730000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 114.26 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 122.730000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish 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’ going down is 82%.

Download LTC/USDT Signal Image

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