LTC/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 120.470000000 is expected.

Caution: A possible counter-trend in the direction of resistance at 122.990000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The 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%.

122.990000000 – 123.200000000 – 120.810000000 – 120.470000000 – 117.140000000 – 116.550000000 — 44.271779794781 – 39.514244328756

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –