LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
A descent downwards to the next support at 100.540000000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 103.870000000 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Tweezers Top’ chart pattern is discovered. The chart forms ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.900000000 |
| 2nd High | 105.030000000 |
| Next High | 103.870000000 |
| Current Price | 100.750000000 |
| Next Low | 100.540000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top