Then a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative signal. The pair is likely to go down.
The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support at 99.660000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 116.380000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 122.290000000 |
| Next High | 116.380000000 |
| Current Price | 105.160000000 |
| Next Low | 99.660000000 |
| 2nd Low | 91.200000000 |
| 3rd Low | 85.160000000 |
116.380000000 – 122.290000000 – 122.000000000 – 106.580000000 – 99.660000000 – 91.200000000 — 38.342706714841 – 34.448321465425
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top chart pattern –