LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at 102.070000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 114.900000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Engulfing’ candle pattern is existing. The candles form ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.730000000 |
| 2nd High | 117.380000000 |
| Next High | 114.900000000 |
| Current Price | 103.920000000 |
| Next Low | 102.070000000 |
| 2nd Low | 102.030000000 |
| 3rd Low | 97.360000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing