LTC/USDT – 30M – SELL

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

A bearish trend downwards to the next support level at 115.380000000 is considered certain.

Caution: A possible change in the direction of the resistance level at 122.730000000 should be noted.
Consider stop-loss settings accordingly.

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 change in the direction of the support zone at 122.730000000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. 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’ heading down is 82%.

Download LTC/USDT Signal Image

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