LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 100.330000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 127.210000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Evening Star’ candle pattern is discovered. The candles form ‘Evening Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 138.670000000 |
| 2nd High | 135.900000000 |
| Next High | 127.210000000 |
| Current Price | 110.680000000 |
| Next Low | 100.330000000 |
| 2nd Low | 94.720000000 |
| 3rd Low | 93.660000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Evening Star