LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 106.920000000 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 110.670000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The 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