LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 100.040000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 104.340000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

104.340000000 – 112.390000000 – 99.960000000 – 100.040000000 – 99.820000000 – 98.200000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji –