Additionally a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 80.88 will continue.
Caution: A possible change in the direction of resistance at 82.42 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency 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 | 86.77 |
| 2nd High | 84.89 |
| Next High | 82.42 |
| Current Price | 81.160000000 |
| Next Low | 80.88 |
| 2nd Low | 79.91 |
| 3rd Low | 76.08 |
82.42 – 81.99 – 84.89 – 80.88 – 79.91 – 81.16 — 46.389377696077 – 44.703342000307 — 35.141198205331 – 28.323216327967 – 38.3031289405 – 33.388317058151
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –