LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A descent down to the next support line at 130.080000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 138.670000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Engulfing’ candle chart pattern is detected. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 147.060000000 |
| Next High | 138.670000000 |
| Current Price | 133.630000000 |
| Next Low | 130.080000000 |
| 2nd Low | 130.000000000 |
| 3rd Low | 124.940000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing