LTC/USDT – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A continuation of the downtrend downwards to the next support line at 117.370000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 123.270000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this 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 chance of ‘Three Black Crows’ going down is 82%.

123.270000000 – 133.990000000 – 134.190000000 – 119.260000000 – 128.900000000 – 118.360000000 — 26.930793099319 – 25.403434046403

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –