LTC/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A bearish trend down to the next support line at 82.5 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 84.39 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish Belt Hold’ chart pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.04 |
| 2nd High | 84.54 |
| Next High | 84.39 |
| Current Price | 83.020000000 |
| Next Low | 82.5 |
| 2nd Low | 80.82 |
| 3rd Low | 80.32 |
84.39 – 83.9 – 84.54 – 82.5 – 80.82 – 80.32 — 52.846215147784 – 46.785450764649 — 38.676442000611 – 24.243939015246 – 45.571014653744 – 37.586899571403
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –