Sell LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 111.440000000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 114.620000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Tweezers Top’ candle chart pattern is discovered. The chart shows ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 114.620000000
Current Price 113.640000000
Next Low 111.440000000
2nd Low 111.320000000
3rd Low 106.700000000

114.620000000 – 114.230000000 – 114.590000000 – 111.440000000 – 113.020000000 – 111.320000000 — 57.66669396515 – 56.32367845651

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