The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 109.290000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 111.910000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. 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 | 116.270000000 |
| 2nd High | 114.620000000 |
| Next High | 111.910000000 |
| Current Price | 110.250000000 |
| Next Low | 109.290000000 |
| 2nd Low | 108.300000000 |
| 3rd Low | 106.700000000 |
111.910000000 – 111.270000000 – 114.620000000 – 109.290000000 – 108.300000000 – 111.440000000 — 49.689206527279 – 41.501646775395
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Inverse Head and Shoulder chart pattern – –