LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 89.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 92.780000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish Engulfing’ candle chart pattern is existing. The chart forms ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. 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 | 95.000000000 |
| 2nd High | 93.000000000 |
| Next High | 92.780000000 |
| Current Price | 90.320000000 |
| Next Low | 89.000000000 |
| 2nd Low | 87.080000000 |
| 3rd Low | 81.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing