LTC/USDT – 1H – SELLThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
A descent downwards to the next support level at 130.000000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 147.060000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. this is a bearish signal. The 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 147.060000000 |
| Current Price | 133.160000000 |
| Next Low | 130.000000000 |
| 2nd Low | 121.900000000 |
| 3rd Low | 93.660000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows