The combination Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 91.530000000 is expected.
Caution: A possible change in the direction of the resistance zone at 103.180000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this 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 likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 106.360000000 |
Next High | 103.180000000 |
Current Price | 95.030000000 |
Next Low | 91.530000000 |
2nd Low | 87.630000000 |
3rd Low | 81.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows