LTC/USDT – 1H – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

The bearish trend downwards to the next support line at 63.65 will continue.

Caution: A possible change in the direction of the resistance level at 66.02 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 62.71 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 66.02 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

66.02 – 70.49 – 70.12 – 63.65 – 62.71 – 68.42 —
65.530000000 – 64.680000000 —
52.090941038376 – 41.712523160204 —
– —
66.02000 – 1769799600

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