LTC/USDT – 30M – SELLThere is also a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.
The pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A descent downwards to the next support level at 85.970000000 is certain.
Caution: A possible change in the direction of resistance at 88.280000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 92.290000000 |
| 2nd High | 89.200000000 |
| Next High | 88.280000000 |
| Current Price | 85.850000000 |
| Next Low | 85.970000000 |
| 2nd Low | 85.650000000 |
| 3rd Low | 84.750000000 |
88.280000000 – 89.200000000 – 92.290000000 – 85.970000000 – 85.650000000 – 87.020000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Two Crows – Double top chart pattern