LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A descent down to the next support at 97.540000000 will persist.
Caution: A possible change in the direction of the resistance line at 101.660000000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Shooting Star’ candle pattern is existing. The candles form ‘Shooting Star’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.800000000 |
| 2nd High | 101.750000000 |
| Next High | 101.660000000 |
| Current Price | 97.570000000 |
| Next Low | 97.540000000 |
| 2nd Low | 96.620000000 |
| 3rd Low | 94.720000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Shooting Star