LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support level at 102.070000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 105.030000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117.380000000 |
| 2nd High | 114.900000000 |
| Next High | 105.030000000 |
| Current Price | 103.050000000 |
| Next Low | 102.070000000 |
| 2nd Low | 102.030000000 |
| 3rd Low | 97.360000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing