Also there is a ‘Double bottom retreat down’ chart pattern is found. The chart picture forms ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.
The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support level at is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 114.890000000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119.470000000 |
| 2nd High | 115.310000000 |
| Next High | 114.890000000 |
| Current Price | 114.730000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
114.890000000 – 115.310000000 – 119.470000000 – 113.600000000 – 113.400000000 – 113.370000000 — 52.893790049382 – 50.129253949052
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double bottom retreat down – –