LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support at 79.68 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 89.04 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.94 |
| 2nd High | 97.55 |
| Next High | 89.04 |
| Current Price | 80.250000000 |
| Next Low | 79.68 |
| 2nd Low | 52.71 |
| 3rd Low |
89.04 – 97.55 – 96.5 – 86.01 – 94.62 – 90.43 — 19.578427071397 – 15.878636333982 — 4.214828418134 – 1.5015663821973 – 3.7143062907349 – 3.3104077394884
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –