The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at 121.900000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 135.700000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern 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’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 135.700000000 |
Current Price | 135.020000000 |
Next Low | 121.900000000 |
2nd Low | 93.660000000 |
3rd Low | 87.950000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows