Next a ‘Double top chart pattern’ chart layout is detected. The formation shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support at 82.490000000 will continue.
Caution: A possible change in the direction of resistance at 86.050000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 94.170000000 |
2nd High | 87.390000000 |
Next High | 86.050000000 |
Current Price | 82.630000000 |
Next Low | 82.490000000 |
2nd Low | 81.300000000 |
3rd Low | 80.990000000 |
86.050000000 – 87.390000000 – 94.170000000 – 82.490000000 – 81.300000000 – 81.950000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Black Crows