LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 113.050000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 115.470000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Tweezers Top’ candle pattern is detected. The candles form ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.290000000 |
| 2nd High | 116.380000000 |
| Next High | 115.470000000 |
| Current Price | 114.610000000 |
| Next Low | 113.050000000 |
| 2nd Low | 112.010000000 |
| 3rd Low | 109.330000000 |
115.470000000 – 113.900000000 – 116.380000000 – 113.050000000 – 112.010000000 – 109.330000000 — 65.037863602475 – 54.801109263633
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top – –