LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support at 106.740000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 115.470000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candle chart pattern is found. 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’ going up is 52% (Bull Market) & 51% (Bear Market).

115.470000000 – 115.470000000 – 116.380000000 – 106.740000000 – 109.330000000 – 108.180000000 — 43.835268570855 – 42.844798022763

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple top chart pattern –