LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 80.32 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 83.9 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
There is also a ‘Bearish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.04 |
| 2nd High | 84.54 |
| Next High | 83.9 |
| Current Price | 82.070000000 |
| Next Low | 80.32 |
| 2nd Low | 80.01 |
| 3rd Low | 79.68 |
83.9 – 84.54 – 89.04 – 80.32 – 80.01 – 86.01 — 51.684747711873 – 42.82959037071 — 69.698113207547 – 44.691823899371 – 54.98427672956 – 57.512578616352
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – – –