Sell LTC/USDT – 1H – SELL

Additionally a ‘Double bottom retreat down’ chart layout is detected. The chart picture forms ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to go down.

Additionally a ‘Tweezers Top’ chart pattern is existing. The candles show ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 115.120000000
Current Price 114.730000000
Next Low 111.230000000
2nd Low 109.500000000
3rd Low 108.710000000

115.120000000 – 113.500000000 – 113.000000000 – 111.230000000 – 109.500000000 – 108.710000000 — 78.026292136255 – 67.943344572235

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