LTC/USDT – 1H – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A descending movement down to the next support line at 97.360000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 110.350000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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 | 110.830000000 |
| 2nd High | 110.670000000 |
| Next High | 110.350000000 |
| Current Price | 105.620000000 |
| Next Low | 97.360000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows