LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 95.100000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 97.260000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘Two Crows’ candle chart pattern is found. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.320000000 |
| 2nd High | 97.990000000 |
| Next High | 97.260000000 |
| Current Price | 96.860000000 |
| Next Low | 95.100000000 |
| 2nd Low | 91.650000000 |
| 3rd Low | 91.200000000 |
97.260000000 – 96.090000000 – 97.990000000 – 95.100000000 – 91.650000000 – 91.200000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Two Crows – Triple bottom chart pattern