There is also a ‘Triple top chart pattern’ chart pattern is detected. The chart forms ‘Triple top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 112.510000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 124.770000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 115.13364 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 124.770000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 134.190000000 |
| 2nd High | 133.990000000 |
| Next High | 124.770000000 |
| Current Price | 117.630000000 |
| Next Low | 112.510000000 |
| 2nd Low | 112.060000000 |
| 3rd Low | 103.160000000 |
124.770000000 – 122.130000000 – 122.780000000 – 118.280000000 – 120.400000000 – 119.970000000 — 41.615486976754 – 39.201153361395
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Triple top chart pattern – –