LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 131.760000000 is expected.
Caution: A possible change in the direction of the resistance zone at 135.100000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. 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 Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 147.060000000 |
| 2nd High | 138.670000000 |
| Next High | 135.100000000 |
| Current Price | 132.400000000 |
| Next Low | 131.760000000 |
| 2nd Low | 130.080000000 |
| 3rd Low | 130.000000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing