LTC/USDT – 1H – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support line at 51.51 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 54.93 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ” indicator layout is discovered. The indicator is ”. this is usually a bearish chart scenario. The pair is likely to go down.

!

Next a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The pair is likely to go down.

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

54.93 – 55.85 – 55.65 – 52.95 – 53.17 – 53.33 —
53.600000000 – 52.910000000 —
46.620082133856 – 33.089968309317 —
– —
54.93 – 1771426800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –