LTC/USDT – 1H – SELLThe combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support line at 82.960000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 87.830000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. which 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 chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95.000000000 |
| 2nd High | 90.180000000 |
| Next High | 87.830000000 |
| Current Price | 82.840000000 |
| Next Low | 82.960000000 |
| 2nd Low | 78.840000000 |
| 3rd Low | 77.630000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing