The combination Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at is likely expected.
Caution: A possible change in the direction of the resistance line at 119.470000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
In addition a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 120.830000000 |
| Next High | 119.470000000 |
| Current Price | 116.950000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
119.470000000 – 118.120000000 – 115.870000000 – 116.280000000 – 114.910000000 – 113.130000000 — 45.02443202033 – 43.827364039614
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –