LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 106.920000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 110.670000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.730000000 |
| 2nd High | 110.830000000 |
| Next High | 110.670000000 |
| Current Price | 108.130000000 |
| Next Low | 106.920000000 |
| 2nd Low | 103.960000000 |
| 3rd Low | 99.460000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows