LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 75.6 is expected.
Caution: A possible change in the direction of the resistance level at 80.75 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 81.78 |
| Next High | 80.75 |
| Current Price | 75.950000000 |
| Next Low | 75.6 |
| 2nd Low | 75.48 |
| 3rd Low | 75.29 |
80.75 – 81.78 – 82.42 – 75.6 – 77.74 – 81.05 — 38.572242588656 – 38.105607776794 — 47.580763046338 – 39.536130195391 – 51.450033652655 – 47.668469522
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –