The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 111.640000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 116.920000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 124.030000000 |
2nd High | 122.730000000 |
Next High | 116.920000000 |
Current Price | 114.670000000 |
Next Low | 111.640000000 |
2nd Low | 110.710000000 |
3rd Low | 104.610000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows