LTC/USDT – 1H – SELL

Then a ‘Double top chart pattern’ chart layout is discovered. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A descent down to the next support line at 90.750000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 97.990000000 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Line Strike – Bearish’ candle chart pattern is discovered. The chart forms ‘Three Line Strike – Bearish’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

97.990000000 – 98.320000000 – 88.280000000 – 93.870000000 – 90.750000000 – 85.160000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Line Strike – Bearish – Double top chart pattern