LTC/USDT – 30M – SELL

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

A descent down to the next support line at 121.420000000 will continue.

Caution: A possible trend reversal in the direction of resistance at 132.970000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 114.94 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 132.970000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ chart pattern is discovered. 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 probability of ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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