Sell LTC/USDT – 30M – SELL

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

A descent down to the next support line at 102.030000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 108.140000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a negative 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%.

Support & Resistance Price Range*
3rd High 110.670000000
2nd High 110.350000000
Next High 108.140000000
Current Price 105.620000000
Next Low 102.030000000
2nd Low 97.360000000
3rd Low 96.830000000

Download LTC/USDT Signal Image

Trading Signals:

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