Sell LTC/USDT – 30M – SELL

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

The bearish trend down to the next support level at 100.540000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 105.030000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The 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%.

Support & Resistance Price Range*
3rd High 117.380000000
2nd High 114.900000000
Next High 105.030000000
Current Price 102.130000000
Next Low 100.540000000
2nd Low 97.360000000
3rd Low 96.830000000

Download LTC/USDT Signal Image

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