And also a ‘Double top chart pattern’ chart formation is existing. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A bearish descent down to the next support at 111.290000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 113.360000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116.270000000 |
| 2nd High | 115.120000000 |
| Next High | 113.360000000 |
| Current Price | 111.490000000 |
| Next Low | 111.290000000 |
| 2nd Low | 109.500000000 |
| 3rd Low | 108.710000000 |
113.360000000 – 115.120000000 – 113.500000000 – 111.290000000 – 111.500000000 – 109.500000000 — 43.08670695141 – 41.447803793868
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Double top chart pattern – –