LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish trend down to the next support line at 113.130000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 118.120000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 120.830000000 |
| Next High | 118.120000000 |
| Current Price | 115.190000000 |
| Next Low | 113.130000000 |
| 2nd Low | 112.000000000 |
| 3rd Low | 111.920000000 |
118.120000000 – 115.870000000 – 115.790000000 – 113.130000000 – 113.760000000 – 113.200000000 — 46.995896378814 – 40.376317550479
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –