The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support line at 44.77 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 46.92 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Two Crows’ candlestick chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 48.56 |
| 2nd High | 48.02 |
| Next High | 46.92 |
| Current Price | 45.970000000 |
| Next Low | 44.77 |
| 2nd Low | 43.73 |
| 3rd Low | 43.56 |
45.47 – 44.33 – 44.69 – 44.77 – 43.73 – 43.9 —
46.030000000 – 46.230000000 —
63.999276843032 – 62.998619923137 —
– —
45.47 – 1781481600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –