During the previous trading session, the price of Litecoin decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The support level is near the 84.19 mark.
This level was formed by the Three Outside Bars Up pattern. The pattern consists of three Japanese candlesticks: the first candlestick has a short black real body, the second candlestick has a long white real body and completely engulfs the first candlestick, and the third candlestick is also white, closing above the second candlestick.
The resistance level is near the 91.85 mark.
The Bearish Engulfing pattern formed this level. It consists of two Japanese candles: the first candle is located inside the body of the second candle.
Trading recommendations:
The latest pattern formed on the chart prioritizes short positions. This signal is also proved with the price movement dynamics on the higher time-frame.
Litecoin H1: The Price Action Forecast for the American Session on 18.10.2025
