LTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline downwards

The bearish trend down to the next support line at 114.000000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 121.470000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘Southern Doji’ candle pattern is discovered. The chart forms ‘Southern Doji’. which is a positive pattern signal. The currency 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).

121.470000000 – 120.170000000 – 114.180000000 – 114.000000000 – 99.660000000 – 100.040000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern