LTC/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 97.540000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 103.930000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 96.62 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 103.930000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download LTC/USDT Signal Image

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