Additionally a ‘Double bottom retreat down’ chart pattern is found. The formation shows ‘Double bottom retreat down’. which is a bearish signal. The pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A descent downwards to the next support at 0 is expected.
Caution: A possible trend reversal in the direction of resistance at 0 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 111.370000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
112.390000000 – 97.990000000 – 98.320000000 – 100.040000000 – 95.560000000 – 91.200000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – – Double bottom retreat down