LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 102.030000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 108.140000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bearish Belt Hold’ candlestick pattern is detected. The candles form ‘Bearish Belt Hold’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.670000000 |
| 2nd High | 110.350000000 |
| Next High | 108.140000000 |
| Current Price | 106.540000000 |
| Next Low | 102.030000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold