LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support level at 75.6 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 80.75 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Two Crows’ candle pattern is found. The candles show ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 81.78 |
| Next High | 80.75 |
| Current Price | 76.050000000 |
| Next Low | 75.6 |
| 2nd Low | 75.48 |
| 3rd Low | 75.29 |
80.75 – 81.78 – 82.42 – 75.6 – 77.74 – 81.05 — 36.965972075694 – 35.662350402613 — 53.638222829852 – 49.314512726273 – 56.627214766546 – 53.620941230859
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –