LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 112.200000000 will continue.
Caution: A possible change in the direction of the resistance line at 117.800000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 118.730000000 |
| Next High | 117.800000000 |
| Current Price | 116.620000000 |
| Next Low | 112.200000000 |
| 2nd Low | 111.900000000 |
| 3rd Low | 111.500000000 |
117.800000000 – 118.730000000 – 113.820000000 – 112.200000000 – 111.900000000 – 113.940000000 — 59.241541987763 – 55.91330967482
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –