LTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 54.95 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 55.63 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

55.63 – 55.92 – 56.8 – 54.95 – 55.22 – 55.77 —
55.190000000 – 55.110000000 —
37.982476192322 – 37.433391314431 —
– —
55.63 – 1777334400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –