LTC/USDT – 4H – SELLThe pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 96.620000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 110.830000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Belt Hold’ candlestick pattern is found. The candles show ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 110.830000000 |
| Current Price | 99.630000000 |
| Next Low | 96.620000000 |
| 2nd Low | 87.950000000 |
| 3rd Low | 81.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold