LTC/USDT – 30M – SELLFurthermore a ‘Double top retreat up’ chart formation is existing. The chart shows ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to rise.
The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support level at 112.770000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 116.270000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Below The Stomach’ chart pattern is discovered. The candles show ‘Below The Stomach’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 116.270000000 |
| Current Price | 112.880000000 |
| Next Low | 112.770000000 |
| 2nd Low | 106.700000000 |
| 3rd Low | 103.160000000 |
116.270000000 – 114.790000000 – 111.350000000 – 112.770000000 – 106.700000000 – 110.510000000 — 43.678277620431 – 46.444597648168
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach – Double top retreat up – –