Additionally a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
A bearish movement down to the next support line at 76.08 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 80.58 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘%K fall below 80’ indicator signal is found. The indicator shows ‘%K fall below 80’. which could be a negative chart signal. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.8 |
| 2nd High | 86.77 |
| Next High | 80.58 |
| Current Price | 78.790000000 |
| Next Low | 76.08 |
| 2nd Low | 75.22 |
| 3rd Low | 72.64 |
80.58 – 79.49 – 79.41 – 79.91 – 76.08 – 76.92 — 39.258720676777 – 30.056805729914 — 9.960277214334 – 0 – 30.066768086545 – 11.230842911877
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –