LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 106.820000000 is certain.

Caution: A possible change in the direction of the resistance zone at 110.400000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 106.74 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 110.400000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. 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%.

110.400000000 – 109.630000000 – 115.470000000 – 106.820000000 – 107.210000000 – 106.740000000 — 42.612389744055 – 36.51585647902

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double top chart pattern –