Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support level at 120.900000000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 126.350000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 129.160000000 |
| 2nd High | 126.420000000 |
| Next High | 126.350000000 |
| Current Price | 120.800000000 |
| Next Low | 120.900000000 |
| 2nd Low | 119.320000000 |
| 3rd Low | 117.370000000 |
126.350000000 – 125.900000000 – 126.420000000 – 120.900000000 – 122.830000000 – 119.320000000 — 38.254830085179 – 34.370429295215
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –