LTC/USDT – 4H – SELLThe combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support level at 81.540000000 will continue.
Caution: A possible change in the direction of resistance at 93.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency 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 | 98.490000000 |
| Next High | 93.000000000 |
| Current Price | 98.390000000 |
| Next Low | 81.540000000 |
| 2nd Low | 68.000000000 |
| 3rd Low | 64.450000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows