LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A bearish descent down to the next support level at 104.610000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 122.730000000 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Below The Stomach’ candle pattern is detected. The chart forms ‘Below The Stomach’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 122.730000000 |
| Current Price | 112.280000000 |
| Next Low | 104.610000000 |
| 2nd Low | 102.030000000 |
| 3rd Low | 97.360000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach