The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 51.88 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 54.29 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. 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 | 56.05 |
| 2nd High | 55.75 |
| Next High | 54.29 |
| Current Price | 53.990000000 |
| Next Low | 51.88 |
| 2nd Low | 51.47 |
| 3rd Low | 51.03 |
54.05 – 53.44 – 53.94 – 51.88 – 52.2 – 52.65 —
53.540000000 – 54.350000000 —
50.394049386016 – 64.822129509357 —
– —
54.05 – 1773034200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –