LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
A bearish movement downwards to the next support level at 96.220000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 103.180000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish pattern signal. The 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 | |
| 2nd High | 106.360000000 |
| Next High | 103.180000000 |
| Current Price | 93.790000000 |
| Next Low | 96.220000000 |
| 2nd Low | 87.630000000 |
| 3rd Low | 87.080000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing