The pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support line at 112.800000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 122.290000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 122.290000000 |
| Current Price | 111.530000000 |
| Next Low | 112.800000000 |
| 2nd Low | 112.590000000 |
| 3rd Low | 99.660000000 |
122.290000000 – 119.860000000 – 117.120000000 – 112.800000000 – 112.590000000 – 112.730000000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Triple top chart pattern –