LTC/USDT – 1H – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 78.840000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 87.370000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 87.370000000 |
| Current Price | 83.700000000 |
| Next Low | 78.840000000 |
| 2nd Low | 77.630000000 |
| 3rd Low | 71.860000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows