The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A bearish descent downwards to the next support line at 120.510000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 127.210000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘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 chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 138.670000000 |
2nd High | 135.900000000 |
Next High | 127.210000000 |
Current Price | 111.010000000 |
Next Low | 120.510000000 |
2nd Low | 100.330000000 |
3rd Low | 94.720000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows