LTC/USDT – 30M – SELL

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

The bearish trend down to the next support line at 68.42 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 69.89 could be enabled.
Consider stop-loss settings accordingly.

Next a ” indicator layout is found. The indicator shows ”. this is usually a bearish chart scenario. The pair is likely to go down.

!

Next a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The pair is likely to go down.

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

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 67.75 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 69.89 could be enabled.
Consider stop-loss settings accordingly.

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

69.89 – 70 – 70.01 – 68.42 – 69.19 – 68.64 —
69.730000000 – 68.910000000 —
51.714820464737 – 31.51753473111 —
– —
69.89000 – 1769630400

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