The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
A descent down to the next support line at 102.030000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 108.140000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 110.670000000 |
2nd High | 110.350000000 |
Next High | 108.140000000 |
Current Price | 105.620000000 |
Next Low | 102.030000000 |
2nd Low | 97.360000000 |
3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows