Also there is a ‘Double top chart pattern’ chart formation is discovered. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support at 0 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 119.050000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
121.520000000 – 128.150000000 – 127.330000000 – 119.560000000 – 122.880000000 – 122.070000000 — 42.608466559794 – 39.223112087214
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double top chart pattern – –