The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A descent down to the next support line at 43.73 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 44.33 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
There is also a ‘Bearish Engulfing’ candlestick pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.92 |
| 2nd High | 44.69 |
| Next High | 44.33 |
| Current Price | 45.300000000 |
| Next Low | 43.73 |
| 2nd Low | 43.56 |
| 3rd Low | 43.02 |
44.33 – 44.69 – 44.14 – 43.73 – 43.9 – 43.56 —
44.270000000 – 45.400000000 —
56.85177707754 – 82.466394995285 —
– —
44.33 – 1781433000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing – – –