LTC/USDT – 4H – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 96.830000000 is considered certain.
Caution: A possible change in the direction of the resistance line at 124.030000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Advance Block’ candlestick chart pattern is found. The candles form ‘Advance Block’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.060000000 |
| 2nd High | 125.340000000 |
| Next High | 124.030000000 |
| Current Price | 112.950000000 |
| Next Low | 96.830000000 |
| 2nd Low | 96.620000000 |
| 3rd Low | 87.950000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Advance Block