The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support line at 119.540000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 129.160000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 129.160000000 |
| Current Price | 118.390000000 |
| Next Low | 119.540000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
129.160000000 – 110.460000000 – 111.420000000 – 119.540000000 – 103.160000000 – 105.200000000 — 49.060610020419 – 40.658027215033
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –