LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 93.660000000 is certain.
Caution: A possible change in the direction of the resistance level at 106.270000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Below The Stomach’ candlestick pattern is existing. The chart forms ‘Below The Stomach’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.730000000 |
| 2nd High | 117.380000000 |
| Next High | 106.270000000 |
| Current Price | 95.010000000 |
| Next Low | 93.660000000 |
| 2nd Low | 87.950000000 |
| 3rd Low | 87.630000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach