The pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 111.230000000 is considered certain.
Caution: A possible change in the direction of resistance at 115.410000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Then a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 115.410000000 |
| Current Price | 113.140000000 |
| Next Low | 111.230000000 |
| 2nd Low | 109.500000000 |
| 3rd Low | 108.710000000 |
115.410000000 – 115.120000000 – 113.500000000 – 111.230000000 – 109.500000000 – 108.710000000 — 57.485731394943 – 41.43581027261
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Double bottom retreat down – –