LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A bearish descent downwards to the next support at 115.420000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 120.150000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Evening Star’ candle pattern is detected. The chart forms ‘Evening Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 127.210000000 |
| 2nd High | 125.340000000 |
| Next High | 120.150000000 |
| Current Price | 116.590000000 |
| Next Low | 115.420000000 |
| 2nd Low | 106.010000000 |
| 3rd Low | 101.230000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Evening Star