The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support at 86.380000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 90.180000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 98.490000000 |
2nd High | 95.000000000 |
Next High | 90.180000000 |
Current Price | 86.050000000 |
Next Low | 86.380000000 |
2nd Low | 84.680000000 |
3rd Low | 81.600000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows