LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 102.030000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 108.140000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.670000000 |
| 2nd High | 110.350000000 |
| Next High | 108.140000000 |
| Current Price | 107.230000000 |
| Next Low | 102.030000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing