LTC/USDT – 30M – SELL

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

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

Caution: A possible trend reversal in the direction of resistance at 114.620000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Outside Down’ candle chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

114.620000000 – 114.230000000 – 114.590000000 – 111.440000000 – 113.020000000 – 111.320000000 — 51.857281170679 – 51.031645998275

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Double bottom retreat down – –