LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 106.740000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 115.470000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

115.470000000 – 115.470000000 – 116.380000000 – 106.740000000 – 109.330000000 – 108.180000000 — 43.835268570855 – 42.731206968943

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple top chart pattern –