LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards

The bearish trend down to the next support at 103.160000000 will persist.

Caution: A possible change in the direction of the resistance line at 116.760000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 113.42 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 116.760000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘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%.

116.760000000 – 119.130000000 – 122.990000000 – 113.420000000 – 115.290000000 – 115.310000000 — 33.174539754025 – 30.920705701499

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –