The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
A bearish descent down to the next support level at 90.920000000 will continue.
Caution: A possible change in the direction of the resistance level at 95.310000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 103.180000000 |
2nd High | 99.230000000 |
Next High | 95.310000000 |
Current Price | 89.360000000 |
Next Low | 90.920000000 |
2nd Low | 87.630000000 |
3rd Low | 87.080000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows