The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
The bearish trend down to the next support level at 100.540000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 105.030000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 117.380000000 |
2nd High | 114.900000000 |
Next High | 105.030000000 |
Current Price | 102.130000000 |
Next Low | 100.540000000 |
2nd Low | 97.360000000 |
3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows