Buy LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards

A bearish movement downwards to the next support level at 110.710000000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 112.870000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 122.730000000
2nd High 112.960000000
Next High 112.870000000
Current Price 112.080000000
Next Low 110.710000000
2nd Low 104.610000000
3rd Low 102.030000000

Download LTC/USDT Signal Image

Trading Signals:

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