LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline down.

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

Caution: A possible counter-trend in the direction of the resistance line at 123.200000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

123.200000000 – 120.810000000 – 123.270000000 – 117.140000000 – 116.550000000 – 119.260000000 — 47.564893973178 – 46.096172777872

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –