LTC/USDT – 30M – SELL

Moreover a ‘Inverse Head and Shoulder chart pattern’ chart formation is found. The chart shows ‘Inverse Head and Shoulder chart pattern’. which is a positive signal. The currency pair is likely to go up.

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

A continuation of the downward movement downwards to the next support line at 87.590000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 94.170000000 could be enabled.
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 will persist. Target of the current trend is 87.59 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 94.170000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

94.170000000 – 92.440000000 – 93.650000000 – 90.840000000 – 91.450000000 – 89.530000000

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