The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support line at 68.64 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 70.23 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘ ‘ indicator signal is found. The indicator is ‘ ‘. this is usually a bearish chart signal. The currency pair is likely to fall.
And also a ‘Three Line Strike – Bearish’ candlestick pattern is discovered. The candles form ‘Three Line Strike – Bearish’. 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 likelyhood of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.56 |
| 2nd High | 71.73 |
| Next High | 70.23 |
| Current Price | 70.030000000 |
| Next Low | 68.64 |
| 2nd Low | 67.75 |
| 3rd Low | 67.03 |
70.23 – 70.12 – 70 – 68.64 – 67.75 – 68.35 —
69.660000000 – 70.290000000 —
52.120442791301 – 61.276140309296 —
– —
70.23000 – 1769529600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Line Strike – Bearish – – –