The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish movement down to the next support at 102.030000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 108.140000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. 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 | 110.670000000 |
2nd High | 110.350000000 |
Next High | 108.140000000 |
Current Price | 106.710000000 |
Next Low | 102.030000000 |
2nd Low | 97.360000000 |
3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows