Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 112.800000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 122.290000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Then a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 122.290000000 |
| Current Price | 115.240000000 |
| Next Low | 112.800000000 |
| 2nd Low | 112.590000000 |
| 3rd Low | 99.660000000 |
122.290000000 – 119.860000000 – 117.120000000 – 112.800000000 – 112.590000000 – 112.730000000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –