LTC/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at 81.600000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 98.490000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 85.825 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 98.490000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency 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%.

Download LTC/USDT Signal Image

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