LTC/USDT – 4H – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support level at 93.22 will continue.
Caution: A possible change in the direction of the resistance level at 109.59 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K fall below 80’ indicator signal is detected. The indicator is ‘%K fall below 80’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 135.99 |
| 2nd High | 113.71 |
| Next High | 109.59 |
| Current Price | 91.240000000 |
| Next Low | 93.22 |
| 2nd Low | 79.68 |
| 3rd Low | 52.71 |
109.59 – 113.71 – 104 – 93.22 – 79.68 – 90.37 — 34.234234967404 – 33.028586119027 — 4.3306788016686 – 0 – 10.770393512145 – 4.9728440610708
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Triple top chart pattern – –