LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 76.08 will persist.
Caution: A possible change in the direction of the resistance line at 80.75 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 81.78 |
| Next High | 80.75 |
| Current Price | 76.610000000 |
| Next Low | 76.08 |
| 2nd Low | 75.48 |
| 3rd Low | 75.29 |
80.75 – 81.78 – 82.42 – 77.74 – 81.05 – 80.88 — 39.124810650095 – 37.064537642949 — 88.451231308374 – 73.632716489859 – 92.728331504587 – 87.361315932745
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –