Sell LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support level at 102.030000000 will persist.

Caution: A possible change in the direction of resistance at 114.900000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Shooting Star’ chart pattern is discovered. The candles form ‘Shooting Star’. which is a negative signal. The 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 122.730000000
2nd High 117.380000000
Next High 114.900000000
Current Price 103.260000000
Next Low 102.030000000
2nd Low 97.360000000
3rd Low 96.830000000

Download LTC/USDT Signal Image

Trading Signals:

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