LTC/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 122.130000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

122.130000000 – 122.780000000 – 123.660000000 – 118.280000000 – 120.400000000 – 119.970000000 — 39.781967664582 – 38.074307422631

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