LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A descending movement down to the next support level at 110.710000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 116.920000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Gapping Down Doji’ candle chart pattern is found. The chart shows ‘Gapping Down Doji’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Gapping Down Doji’ going down is 57% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 116.920000000 |
| Current Price | 114.360000000 |
| Next Low | 110.710000000 |
| 2nd Low | 104.610000000 |
| 3rd Low | 102.030000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Gapping Down Doji