LTC/USDT – 1H – SELL

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

A bearish trend down to the next support level at 98.670000000 will persist.

Caution: A possible change in the direction of the resistance zone at 106.510000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. 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%.

Download LTC/USDT Signal Image

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