LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 115.290000000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 122.990000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 115.29 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 122.990000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ chart pattern is found. The candles show ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.

122.990000000 – 123.200000000 – 120.810000000 – 115.290000000 – 115.310000000 – 120.470000000 — 42.70391209695 – 40.977147096846

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