The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 110.710000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 112.870000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern 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 likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 122.730000000 |
2nd High | 112.960000000 |
Next High | 112.870000000 |
Current Price | 112.080000000 |
Next Low | 110.710000000 |
2nd Low | 104.610000000 |
3rd Low | 102.030000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Southern Doji