LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support level at 96.830000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 106.510000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down