LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
The bearish trend down to the next support line at 112.200000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 116.270000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Last Engulfing Top’ candlestick pattern is found. The candles form ‘Last Engulfing Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 116.270000000 |
| Current Price | 115.290000000 |
| Next Low | 112.200000000 |
| 2nd Low | 111.900000000 |
| 3rd Low | 111.500000000 |
113.820000000 – 115.420000000 – 115.410000000 – 112.200000000 – 111.900000000 – 113.940000000 — 55.493449025129 – 53.953155517371
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Last Engulfing Top – – –