The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 104.610000000 is certain.
Caution: A possible change in the direction of the resistance level at 122.730000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Gapping Down Doji’ chart pattern is existing. The chart shows ‘Gapping Down Doji’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Gapping Down Doji’ going down is 57% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 125.340000000 |
2nd High | 124.030000000 |
Next High | 122.730000000 |
Current Price | 110.980000000 |
Next Low | 104.610000000 |
2nd Low | 102.030000000 |
3rd Low | 97.360000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Gapping Down Doji