Sell LTC/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 111.440000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 114.620000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 114.620000000
Current Price 110.940000000
Next Low 111.440000000
2nd Low 111.320000000
3rd Low 106.700000000

114.620000000 – 116.270000000 – 124.770000000 – 111.440000000 – 111.320000000 – 112.170000000 — 41.305331683677 – 36.647305428233

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