Sell LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support at 119.260000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 123.270000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Southern Doji’ candlestick pattern is found. The chart shows ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 134.190000000
2nd High 133.990000000
Next High 123.270000000
Current Price 119.270000000
Next Low 119.260000000
2nd Low 118.360000000
3rd Low 118.250000000

123.270000000 – 133.990000000 – 134.190000000 – 119.260000000 – 128.900000000 – 128.580000000 — 32.628570803904 – 32.522824311626

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