LTC/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 90.61208 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 92.160000000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Bearish Engulfing’ candle chart pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 99.230000000 |
| 2nd High | 95.310000000 |
| Next High | 92.160000000 |
| Current Price | 91.940000000 |
| Next Low | 88.880000000 |
| 2nd Low | 87.950000000 |
| 3rd Low | 87.630000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing