LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards

A descent down to the next support level at 93.870000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 96.880000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. 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 success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

96.880000000 – 95.310000000 – 94.060000000 – 93.870000000 – 90.750000000 – 92.460000000

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