LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards

A descent down to the next support line at 113.130000000 is considered certain.

Caution: A possible change in the direction of the resistance level at 115.870000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Inside Down’ candlestick pattern is existing. The candles form ‘Three Inside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

115.870000000 – 115.790000000 – 115.230000000 – 113.130000000 – 113.760000000 – 113.200000000 — 67.012593588231 – 63.361816815454

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Inside Down – Triple bottom chart pattern – –