Also there is a ‘Double bottom retreat down’ chart layout is existing. The chart shows ‘Double bottom retreat down’. this is a bearish signal. The currency pair is likely to fall.
The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
A descending movement down to the next support level at 111.900000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 116.270000000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 116.270000000 |
| Current Price | 115.290000000 |
| Next Low | 111.900000000 |
| 2nd Low | 111.230000000 |
| 3rd Low | 109.500000000 |
115.420000000 – 115.410000000 – 115.120000000 – 111.900000000 – 111.230000000 – 109.500000000 — 60.389081058309 – 58.765328680224
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double bottom retreat down – –