The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish movement down to the next support at 117.500000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 125.340000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘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 probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 138.670000000 |
2nd High | 135.900000000 |
Next High | 125.340000000 |
Current Price | 119.630000000 |
Next Low | 117.500000000 |
2nd Low | 116.930000000 |
3rd Low | 101.230000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows