LTC/USDT – 30M – SELL

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

The bearish trend downwards to the next support at 115.380000000 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 122.730000000 should be noted.
Consider stop-loss settings accordingly.

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 support at 122.730000000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. 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