The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support level at 44.77 will persist.
Caution: A possible change in the direction of resistance at 46.92 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 48.56 |
| 2nd High | 48.02 |
| Next High | 46.92 |
| Current Price | 45.820000000 |
| Next Low | 44.77 |
| 2nd Low | 43.73 |
| 3rd Low | 43.56 |
45.47 – 44.33 – 44.69 – 44.77 – 43.73 – 43.9 —
45.850000000 – 46.280000000 —
65.87290515304 – 66.172541005437 —
– —
45.47 – 1781481600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –