LTC/USDT – 30M – SELLNext a ‘Triple top chart pattern’ chart formation is existing. The chart picture shows ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A descent down to the next support at 112.510000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 124.770000000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 134.190000000 |
| 2nd High | 133.990000000 |
| Next High | 124.770000000 |
| Current Price | 116.620000000 |
| Next Low | 112.510000000 |
| 2nd Low | 112.060000000 |
| 3rd Low | 103.160000000 |
124.770000000 – 122.130000000 – 122.780000000 – 118.280000000 – 120.400000000 – 119.970000000 — 33.945784189015 – 36.39546293317
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Triple top chart pattern – –