LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 99.660000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 122.290000000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

122.290000000 – 119.860000000 – 117.120000000 – 112.800000000 – 112.590000000 – 112.730000000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Triple top chart pattern –