Sell LTC/USDT – 4H – SELL

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

A bearish trend downwards to the next support at 82.490000000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 86.050000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 94.170000000
2nd High 87.390000000
Next High 86.050000000
Current Price 82.570000000
Next Low 82.490000000
2nd Low 81.300000000
3rd Low 80.990000000

86.050000000 – 87.390000000 – 94.170000000 – 82.490000000 – 81.300000000 – 81.950000000

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