LTC/USDT – 30M – SELL

Moreover a ‘Head and Shoulder chart pattern’ chart formation is discovered. The chart forms ‘Head and Shoulder chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support level at 112.170000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 114.590000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

114.590000000 – 116.270000000 – 114.790000000 – 112.170000000 – 112.770000000 – 106.700000000 — 42.243257025788 – 40.682228336124

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Head and Shoulder chart pattern – –