LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support at 81.16 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 83.96 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.89 |
| 2nd High | 84.15 |
| Next High | 83.96 |
| Current Price | 81.530000000 |
| Next Low | 81.16 |
| 2nd Low | 79.04 |
| 3rd Low | 76.7 |
83.96 – 84.15 – 84.89 – 81.16 – 82.83 – 82.82 — 38.181469627784 – 37.166387648533 — 25.035871130367 – 27.636439521249 – 23.596409545278 – 26.355413481672
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –