The pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support level at 117.500000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 125.340000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 135.900000000 |
2nd High | 127.210000000 |
Next High | 125.340000000 |
Current Price | 120.640000000 |
Next Low | 117.500000000 |
2nd Low | 116.930000000 |
3rd Low | 116.460000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows