Additionally a ‘Double bottom retreat down’ chart formation is detected. The chart forms ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support at 108.180000000 is expected.
Caution: A possible change in the direction of the resistance line at 115.430000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 122.290000000 |
| Next High | 115.430000000 |
| Current Price | 114.850000000 |
| Next Low | 108.180000000 |
| 2nd Low | 106.580000000 |
| 3rd Low | 99.660000000 |
115.000000000 – 115.430000000 – 114.350000000 – 108.180000000 – 110.930000000 – 106.580000000 — 63.905987420707 – 61.192221542958
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double bottom retreat down –