LTC/USDT – 30M – SELLAlso there is a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support at 65.58 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 71.73 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Two Crows’ candlestick pattern is discovered. 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 | 75.9 |
| 2nd High | 75.56 |
| Next High | 71.73 |
| Current Price | 69.510000000 |
| Next Low | 65.58 |
| 2nd Low | 52.71 |
| 3rd Low |
71.73 – 71.27 – 75.56 – 69.61 – 65.58 – 74.34 —
70.390000000 – 70.470000000 —
37.744499969484 – 44.448013411013 —
– —
71.73000 – 1768851000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Double top chart pattern – –