The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 117.140000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 123.200000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The 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 | 133.990000000 |
| 2nd High | 123.270000000 |
| Next High | 123.200000000 |
| Current Price | 121.230000000 |
| Next Low | 117.140000000 |
| 2nd Low | 116.550000000 |
| 3rd Low | 115.190000000 |
123.200000000 – 120.810000000 – 123.270000000 – 117.140000000 – 116.550000000 – 119.260000000 — 48.742807577807 – 46.942332084236
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –