LTC/USDT – 30M – SELLNext a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 52.71 will persist.
Caution: A possible change in the direction of the resistance zone at 76.92 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair is likely to fall.
Next a ‘%K fall below 80’ indicator signal is detected. The indicator is ‘%K fall below 80’. this is usually a bearish chart signal. The currency pair is likely to fall.
Next a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 81.78 |
| 2nd High | 80.97 |
| Next High | 76.92 |
| Current Price | 72.360000000 |
| Next Low | 52.71 |
| 2nd Low | |
| 3rd Low |
76.92 – 80.97 – 79.58 – 73.07 – 77.79 – 75.91 — 34.275909186721 – 22.463732547703 — 14.984172206394 – 0 – 43.493497686692 – 18.688555322189
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double top chart pattern – –