LTC/USDT – 1H – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 56.87 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 61.38 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

61.38 – 60.49 – 61.17 – 56.87 – 58.94 – 56.51 —
60.990000000 – 59.750000000 —
56.01432940853 – 37.616634117305 —
– —
61.38 – 1770148800

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