The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 114.720000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 116.960000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117.800000000 |
| 2nd High | 117.680000000 |
| Next High | 116.960000000 |
| Current Price | 115.570000000 |
| Next Low | 114.720000000 |
| 2nd Low | 112.950000000 |
| 3rd Low | 112.200000000 |
116.960000000 – 117.680000000 – 117.800000000 – 114.720000000 – 112.950000000 – 115.920000000 — 49.920365652497 – 47.259318756721
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –