LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support line at 87.950000000 will continue.

Caution: A possible change in the direction of the resistance zone at 95.310000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 87.95 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 95.310000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download LTC/USDT Signal Image

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