LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 106.740000000 will persist.

Caution: A possible change in the direction of the resistance line at 115.470000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 106.74 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 115.470000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Falling Window’ candle chart pattern is discovered. The candles form ‘Falling Window’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

115.470000000 – 115.470000000 – 113.900000000 – 106.740000000 – 113.620000000 – 113.050000000 — 45.240134543895 – 42.230222807302

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Falling Window – Triple top chart pattern –