The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support at 82.490000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 86.050000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern 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 | 82.570000000 |
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