LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support at 95.990000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 96.880000000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 98.320000000 |
| Next High | 96.880000000 |
| Current Price | 96.670000000 |
| Next Low | 95.990000000 |
| 2nd Low | 93.870000000 |
| 3rd Low | 90.750000000 |
96.880000000 – 95.310000000 – 94.060000000 – 95.990000000 – 93.870000000 – 90.750000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji –