LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 100.560000000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 127.210000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. 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 | 138.670000000 |
| 2nd High | 135.900000000 |
| Next High | 127.210000000 |
| Current Price | 113.150000000 |
| Next Low | 100.560000000 |
| 2nd Low | 100.330000000 |
| 3rd Low | 94.720000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing