LTC/USDT – 30M – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance level at 85.430000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

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

85.430000000 – 86.050000000 – 85.600000000 – 84.210000000 – 84.640000000 – 84.450000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji