The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A descent downwards to the next support level at is expected.
Caution: A possible change in the direction of resistance at 61.38 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator signal is found. The indicator shows ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66.47 |
| 2nd High | 66.02 |
| Next High | 61.38 |
| Current Price | 60.200000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
61.38 – 60.46 – 60.49 – 56.87 – 59.35 – 58.94 —
60.450000000 – 60.880000000 —
55.880297740513 – 57.902590814318 —
– —
61.38 – 1770150600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –