LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 87.020000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 89.200000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94.170000000 |
| 2nd High | 92.290000000 |
| Next High | 89.200000000 |
| Current Price | 87.860000000 |
| Next Low | 87.020000000 |
| 2nd Low | 85.710000000 |
| 3rd Low | 84.750000000 |
89.200000000 – 92.290000000 – 87.150000000 – 87.020000000 – 88.060000000 – 88.690000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji –