LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 112.060000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 117.120000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.990000000 |
| 2nd High | 119.130000000 |
| Next High | 117.120000000 |
| Current Price | 115.830000000 |
| Next Low | 112.060000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
117.120000000 – 115.520000000 – 116.760000000 – 112.060000000 – 112.110000000 – 113.420000000 — 50.758390487988 – 48.743620472683
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –