The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
A descent down to the next support line at 43.73 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 45.47 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Two Crows’ candlestick pattern is existing. The candles form ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 48.02 |
| 2nd High | 46.92 |
| Next High | 45.47 |
| Current Price | 45.690000000 |
| Next Low | 43.73 |
| 2nd Low | 43.56 |
| 3rd Low | 43.02 |
45.47 – 44.33 – 44.69 – 43.73 – 43.9 – 43.56 —
45.260000000 – 46.070000000 —
52.017939329167 – 68.544688108803 —
– —
45.47 – 1781481600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –