LTC/USDT – 30M – SELLAdditionally a ‘Double top chart pattern’ chart formation is discovered. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at will continue.
Caution: A possible change in the direction of resistance at 89.200000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94.170000000 |
| 2nd High | 92.290000000 |
| Next High | 89.200000000 |
| Current Price | 87.920000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
89.200000000 – 92.290000000 – 87.150000000 – 88.060000000 – 88.690000000 – 85.710000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – – Double top chart pattern