The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible change in the direction of resistance at 44.39 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Next a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 45.95 |
| 2nd High | 44.59 |
| Next High | 44.39 |
| Current Price | 44.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
44.39 – 44.59 – 44.04 – 43.73 – 43.19 – 42.99 —
44.290000000 – 44.320000000 —
44.909198467571 – 55.574045165068 —
– —
44.39 – 1781938800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –