LTC/USDT – 1H – SELL

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

A bearish descent downwards to the next support at 91.530000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 99.230000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Line Strike – Bearish’ candlestick chart pattern is existing. The candles show ‘Three Line Strike – Bearish’. 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 Line Strike – Bearish’ going down is 84% (Bull Market).

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Line Strike – Bearish