LTC/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 109.330000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 116.380000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

116.380000000 – 115.430000000 – 122.290000000 – 109.330000000 – 108.180000000 – 106.580000000 — 56.538446867642 – 55.081168023662

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom retreat down –