Sell LTC/USDT – 1H – SELL

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

A bearish movement down to the next support at 117.500000000 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 125.340000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 138.670000000
2nd High 135.900000000
Next High 125.340000000
Current Price 119.630000000
Next Low 117.500000000
2nd Low 116.930000000
3rd Low 101.230000000

Download LTC/USDT Signal Image

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