Sell LTC/USDT – 1H – SELL

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:

Forex and Crypto Live Trading Signals - MyLiveSignals