LTC/USDT – 30M – SELLIn addition a ‘Double top chart pattern’ chart layout is existing. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support at will continue.
Caution: A possible counter-trend in the direction of resistance at 86.910000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish 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 | 94.170000000 |
| 2nd High | 89.830000000 |
| Next High | 86.910000000 |
| Current Price | 85.750000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
86.910000000 – 86.700000000 – 89.830000000 – 82.840000000 – 81.300000000 – 90.840000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Black Crows