The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support line at 97.360000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 117.380000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 124.030000000 |
2nd High | 122.730000000 |
Next High | 117.380000000 |
Current Price | 102.840000000 |
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 White Soldiers