LTC/USDT – 30M – SELL

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

A descending movement downwards to the next support at 115.380000000 is expected.

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

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

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘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 probability of ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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