LTC/USDT – 30M – SELL

In addition a ‘Double top chart pattern’ chart formation is existing. The formation shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards

A bearish trend down to the next support at 106.700000000 will persist.

Caution: A possible change in the direction of the resistance line at 113.940000000 could happen.
Consider stop-loss settings accordingly.

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

113.940000000 – 114.620000000 – 114.230000000 – 111.440000000 – 113.020000000 – 111.320000000 — 37.231246364939 – 31.088309219072

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double top chart pattern – –