LTC/USDT – 30M – SELLIn addition a ‘Triple top chart pattern’ chart layout is found. The chart picture shows ‘Triple top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support line at 115.510000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 124.770000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bearish Breakaway’ candlestick pattern is discovered. The candles show ‘Bearish Breakaway’. which 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 ‘Bearish Breakaway’ heading down is 63% (Bull Market) & 89% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 134.190000000 |
| 2nd High | 133.990000000 |
| Next High | 124.770000000 |
| Current Price | 116.180000000 |
| Next Low | 115.510000000 |
| 2nd Low | 112.510000000 |
| 3rd Low | 112.060000000 |
124.770000000 – 122.130000000 – 122.780000000 – 115.510000000 – 118.280000000 – 120.400000000 — 37.245575250538 – 37.117377077206
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Breakaway – Triple top chart pattern – –