LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support line at 85.800000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 90.180000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.490000000 |
| 2nd High | 95.000000000 |
| Next High | 90.180000000 |
| Current Price | 85.340000000 |
| Next Low | 85.800000000 |
| 2nd Low | 84.680000000 |
| 3rd Low | 81.600000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing