LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support level at 81.16 is certain.
Caution: A possible change in the direction of the resistance level at 83.96 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 81.16 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 83.96 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.89 |
| 2nd High | 84.15 |
| Next High | 83.96 |
| Current Price | 81.560000000 |
| Next Low | 81.16 |
| 2nd Low | 79.04 |
| 3rd Low | 76.7 |
83.96 – 84.15 – 84.89 – 81.16 – 82.83 – 82.82 — 38.237784707839 – 36.983034467327 — 19.443195290462 – 26.505734264171 – 20.25566714918 – 21.94108397232
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Triple bottom chart pattern – –