LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards

A descent down to the next support at 115.380000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 122.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 114.26 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 122.730000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Download LTC/USDT Signal Image

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