The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A descending movement down to the next support at 76.08 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 81.78 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles form ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.89 |
| 2nd High | 82.42 |
| Next High | 81.78 |
| Current Price | 76.390000000 |
| Next Low | 76.08 |
| 2nd Low | 75.22 |
| 3rd Low | 72.64 |
81.78 – 82.42 – 81.99 – 77.74 – 80.88 – 79.91 — 27.575948713595 – 21.231870587833 — 32.736966049585 – 23.125313447156 – 37.990158667859 – 30.805404737504
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – – –