LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support level at 53.01 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 54.42 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

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

54.42 – 54.05 – 53.44 – 53.01 – 51.88 – 52.2 —
54.150000000 – 54.150000000 —
56.068864638087 – 52.804059449689 —
– —
54.42 – 1773063000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –