Sell LTC/USDT – 1H – SELL

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

A bearish movement down to the next support line at 112.590000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 122.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish signal. 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%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 122.000000000
Current Price 117.610000000
Next Low 112.590000000
2nd Low 99.660000000
3rd Low 95.560000000

122.000000000 – 112.390000000 – 97.990000000 – 112.590000000 – 114.000000000 – 99.660000000

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