Sell LTC/USDT – 1H – SELL

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

A bearish descent down to the next support level at 99.660000000 is certain.

Caution: A possible change in the direction of the resistance level at could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. 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 likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 117.030000000
Next Low 99.660000000
2nd Low 95.560000000
3rd Low 91.200000000

112.390000000 – 97.990000000 – 98.320000000 – 99.660000000 – 100.040000000 – 95.560000000

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