LTC/USDT – 1H – SELL

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

A descent downwards to the next support level at 114.000000000 will persist.

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

And also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency 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’ heading down is 82%.

112.390000000 – 97.990000000 – 98.320000000 – 114.000000000 – 99.660000000 – 100.040000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Black Crows – Double bottom retreat down