LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 93.660000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 99.000000000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 103.180000000 |
| 2nd High | 99.230000000 |
| Next High | 99.000000000 |
| Current Price | 96.090000000 |
| Next Low | 93.660000000 |
| 2nd Low | 88.880000000 |
| 3rd Low | 87.950000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing