LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A descent down to the next support line at 98.670000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 106.510000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bearish SBS White Lines’ candlestick chart pattern is discovered. The chart shows ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.670000000 |
| 2nd High | 110.350000000 |
| Next High | 106.510000000 |
| Current Price | 100.610000000 |
| Next Low | 98.670000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish SBS White Lines