LTC/USDT – 1H – SELLThe currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support at 106.920000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 110.350000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.830000000 |
| 2nd High | 110.670000000 |
| Next High | 110.350000000 |
| Current Price | 104.280000000 |
| Next Low | 106.920000000 |
| 2nd Low | 99.460000000 |
| 3rd Low | 97.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows