The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
The bearish trend down to the next support line at 96.830000000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 101.660000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Belt Hold’ chart pattern is existing. The candles show ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 106.510000000 |
2nd High | 101.800000000 |
Next High | 101.660000000 |
Current Price | 99.270000000 |
Next Low | 96.830000000 |
2nd Low | 96.620000000 |
3rd Low | 93.660000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold