LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 108.300000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 111.270000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Inside Down’ candle pattern is found. The candles show ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

111.270000000 – 114.620000000 – 116.270000000 – 108.300000000 – 111.440000000 – 111.320000000 — 49.704346123268 – 46.11896983544

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Inside Down – – –