LTC/USDT – 4H – BUYThe pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
The bearish trend down to the next support line at 96.620000000 will persist.
Caution: A possible change in the direction of the resistance level at 110.830000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Below The Stomach’ candlestick chart pattern is detected. The chart forms ‘Below The Stomach’. this 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 likelyhood of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 110.830000000 |
| Current Price | 100.210000000 |
| Next Low | 96.620000000 |
| 2nd Low | 87.950000000 |
| 3rd Low | 81.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach