LTC/USDT – 30M – SELL

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

The bearish trend downwards to the next support line at 115.380000000 is considered certain.

Caution: A possible change in the direction of the resistance line at 122.730000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 114.26 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 122.730000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this 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 success rate of a ‘Three Black Crows’ going down is 82%.

Download LTC/USDT Signal Image

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