LTC/USDT – 1H – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at 63.65 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 66.02 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Matching Low’ candlestick pattern is existing. The chart shows ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71.73 |
| 2nd High | 70.49 |
| Next High | 66.02 |
| Current Price | 60.180000000 |
| Next Low | 63.65 |
| 2nd Low | 62.71 |
| 3rd Low | 52.71 |
66.02 – 70.49 – 70.12 – 63.65 – 62.71 – 68.42 —
64.630000000 – 62.780000000 —
38.492661012745 – 25.701795259747 —
– —
66.02000 – 1769799600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –