LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.

The bearish trend down to the next support level at 109.290000000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 110.790000000 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

110.790000000 – 111.270000000 – 110.910000000 – 109.290000000 – 108.300000000 – 108.630000000 — 45.928301576764 – 45.03652259455

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –