LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A descending movement down to the next support at 113.600000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 115.960000000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119.470000000 |
| 2nd High | 116.270000000 |
| Next High | 115.960000000 |
| Current Price | 113.550000000 |
| Next Low | 113.600000000 |
| 2nd Low | 113.400000000 |
| 3rd Low | 113.370000000 |
115.960000000 – 116.270000000 – 114.890000000 – 113.600000000 – 113.400000000 – 113.370000000 — 37.678728377334 – 33.569374179869
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double top chart pattern – –