LTC/USDT – 1H – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 99.460000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 110.830000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Evening Star’ chart pattern is existing. The chart shows ‘Evening Star’. which is a negative 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’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 110.830000000 |
| Current Price | 107.950000000 |
| Next Low | 99.460000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Evening Star