There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at 82.16 will continue.
Caution: A possible trend reversal in the direction of resistance at 84.13 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. 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 | 87.8 |
| 2nd High | 86.77 |
| Next High | 84.13 |
| Current Price | 83.320000000 |
| Next Low | 82.16 |
| 2nd Low | 74.66 |
| 3rd Low | 52.71 |
84.13 – 86.77 – 85.97 – 82.16 – 83.68 – 74.66 — 43.419589173326 – 41.47662509815 — 72.067286409916 – 47.329635705544 – 87.602587102007 – 70.375578296834
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –