LTC/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at 115.380000000 will persist.

Caution: A possible change in the direction of the resistance line at 122.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

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 level at 122.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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