The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 111.440000000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 114.620000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Tweezers Top’ candle chart pattern is discovered. The chart shows ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 114.620000000 |
| Current Price | 113.640000000 |
| Next Low | 111.440000000 |
| 2nd Low | 111.320000000 |
| 3rd Low | 106.700000000 |
114.620000000 – 114.230000000 – 114.590000000 – 111.440000000 – 113.020000000 – 111.320000000 — 57.66669396515 – 56.32367845651
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top – – –