LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of resistance at 122.990000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

122.990000000 – 123.200000000 – 120.810000000 – 115.290000000 – 115.310000000 – 120.470000000 — 51.445437218419 – 49.129233034414

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