LTC/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at 54.59 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 56.8 could happen.
Consider stop-loss settings accordingly.

There is also a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. 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%.

55.27 – 54.76 – 55.71 – 54.59 – 54.81 – 53.78 —
55.870000000 – 56.400000000 —
60.654152491425 – 58.270176921037 —
– —
55.27 – 1776171600

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