LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support at 90.43 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 97.52 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Three Line Strike – Bearish’ candlestick chart pattern is discovered. The candles show ‘Three Line Strike – Bearish’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.75 |
| 2nd High | 97.94 |
| Next High | 97.52 |
| Current Price | 93.800000000 |
| Next Low | 90.43 |
| 2nd Low | 85.95 |
| 3rd Low | 85.3 |
97.52 – 97.94 – 102.75 – 90.43 – 94.15 – 99.87 — 57.931113347116 – 55.161415007059 — 100 – 96.368737158211 – 97.534311507552 – 98.789579052737
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Line Strike – Bearish – Double top chart pattern – –