LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support level at 104.610000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 114.900000000 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Below The Stomach’ candlestick chart pattern is detected. The chart forms ‘Below The Stomach’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.730000000 |
| 2nd High | 117.380000000 |
| Next High | 114.900000000 |
| Current Price | 105.970000000 |
| Next Low | 104.610000000 |
| 2nd Low | 102.030000000 |
| 3rd Low | 97.360000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach