Sell LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 91.530000000 is expected.

Caution: A possible change in the direction of the resistance zone at 103.180000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 106.360000000
Next High 103.180000000
Current Price 95.030000000
Next Low 91.530000000
2nd Low 87.630000000
3rd Low 81.540000000

Download LTC/USDT Signal Image

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