The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support level at 102.030000000 will persist.
Caution: A possible change in the direction of resistance at 114.900000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Shooting Star’ chart pattern is discovered. The candles form ‘Shooting Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 122.730000000 |
2nd High | 117.380000000 |
Next High | 114.900000000 |
Current Price | 103.260000000 |
Next Low | 102.030000000 |
2nd Low | 97.360000000 |
3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Shooting Star