The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support at 44.79 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 46.1 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Also there is a ‘Three Inside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.36 |
| 2nd High | 46.15 |
| Next High | 46.1 |
| Current Price | 45.140000000 |
| Next Low | 44.79 |
| 2nd Low | 44.35 |
| 3rd Low | 42.92 |
45.38 – 45.34 – 45.42 – 44.79 – 44.35 – 44.87 —
45.380000000 – 45.570000000 —
57.909796613453 – 57.437445145654 —
– —
45.38 – 1784239200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern – –