LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at 99.500000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 101.660000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Engulfing’ candlestick pattern is found. The chart forms ‘Bearish Engulfing’. 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 success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.800000000 |
| 2nd High | 101.750000000 |
| Next High | 101.660000000 |
| Current Price | 99.980000000 |
| Next Low | 99.500000000 |
| 2nd Low | 98.670000000 |
| 3rd Low | 97.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing