The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 100.330000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 129.880000000 |
Next Low | 100.330000000 |
2nd Low | 94.720000000 |
3rd Low | 93.660000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows