The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at is certain.
Caution: A possible change in the direction of the resistance zone at 114.620000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
And also a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 114.620000000 |
| Current Price | 112.750000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
114.620000000 – 116.270000000 – 124.770000000 – 111.440000000 – 111.320000000 – 112.170000000 — 48.949793203371 – 47.919108011984
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –