LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support line at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 81.78 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Three Outside Down’ chart pattern is existing. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 83.96 |
| 2nd High | 82.42 |
| Next High | 81.78 |
| Current Price | 81.140000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
81.78 – 82.42 – 81.99 – 80.88 – 80.99 – 80.8 — 46.709444079209 – 44.305615015695 — 29.454209015651 – 22.495398806948 – 28.342255158552 – 27.383791518863
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – – –