The pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at is certain.
Caution: A possible change in the direction of the resistance zone at 111.270000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.940000000 |
| 2nd High | 112.100000000 |
| Next High | 111.270000000 |
| Current Price | 110.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
111.270000000 – 110.910000000 – 110.170000000 – 109.290000000 – 108.300000000 – 108.630000000 — 50.036985703295 – 45.629707790818
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –