LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A bearish descent down to the next support at 102.030000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 114.900000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Tweezers Top’ chart pattern is found. The candles form ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.730000000 |
| 2nd High | 117.380000000 |
| Next High | 114.900000000 |
| Current Price | 103.210000000 |
| Next Low | 102.030000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top