LTC/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 115.290000000 is expected.

Caution: A possible trend reversal in the direction of resistance at 123.200000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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’ going down is 82%.

123.200000000 – 120.810000000 – 123.270000000 – 115.290000000 – 117.140000000 – 116.550000000 — 40.768872844198 – 39.985910541841

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