LTC/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support at 41.25 is certain.

Caution: A possible change in the direction of the resistance level at 43.11 could happen.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Southern Doji’ candle pattern is detected. The candles show ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

43.11 – 43.5 – 43.82 – 41.25 – 41.81 – 42.22 —
41.750000000 – 42.770000000 —
36.40983753741 – 54.80166429659 —
– —
43.11 – 1781096400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Southern Doji – – –