LTC/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.

The bearish trend down to the next support level at 92.460000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 98.320000000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. 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).

98.320000000 – 96.580000000 – 88.280000000 – 92.460000000 – 92.670000000 – 94.520000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern