Sell LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.

The bearish trend downwards to the next support line at 111.640000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 116.920000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative 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%.

Support & Resistance Price Range*
3rd High 124.030000000
2nd High 122.730000000
Next High 116.920000000
Current Price 114.670000000
Next Low 111.640000000
2nd Low 110.710000000
3rd Low 104.610000000

Download LTC/USDT Signal Image

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