LTC/USDT – 4H – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support level at 66.98 will continue.
Caution: A possible counter-trend in the direction of resistance at 70.49 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair is likely to fall.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 80.97 |
| Next High | 70.49 |
| Current Price | 65.060000000 |
| Next Low | 66.98 |
| 2nd Low | 65.9 |
| 3rd Low | 65.58 |
70.49 – 80.97 – 82.42 – 66.98 – 65.9 – 65.58 —
70.010000000 – 68.290000000 —
53.931250883185 – 36.710048585204 —
– —
70.49000 – 1769544000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –