LTC/USDT – 1H – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support level at 93.660000000 is certain.
Caution: A possible change in the direction of the resistance line at 99.000000000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Evening Star’ candlestick pattern is detected. The candles form ‘Evening Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 103.180000000 |
| 2nd High | 99.230000000 |
| Next High | 99.000000000 |
| Current Price | 95.970000000 |
| Next Low | 93.660000000 |
| 2nd Low | 87.950000000 |
| 3rd Low | 87.630000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Evening Star