LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 99.880000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 105.850000000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Breakaway’ candle chart pattern is detected. The chart forms ‘Bearish Breakaway’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Breakaway’ going down is 63% (Bull Market) & 89% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117.380000000 |
| 2nd High | 114.900000000 |
| Next High | 105.850000000 |
| Current Price | 102.200000000 |
| Next Low | 99.880000000 |
| 2nd Low | 97.210000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Breakaway