LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at 102.030000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 108.750000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Belt Hold’ chart pattern is detected. The candles show ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.670000000 |
| 2nd High | 110.350000000 |
| Next High | 108.750000000 |
| Current Price | 105.110000000 |
| 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