Sell LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.

A bearish movement down to the next support at 102.030000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 108.140000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 110.670000000
2nd High 110.350000000
Next High 108.140000000
Current Price 106.710000000
Next Low 102.030000000
2nd Low 97.360000000
3rd Low 96.830000000

Download LTC/USDT Signal Image

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