Sell LTC/USDT – 4H – SELL

Then a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish descent down to the next support at 99.660000000 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 116.380000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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
2nd High 122.290000000
Next High 116.380000000
Current Price 105.160000000
Next Low 99.660000000
2nd Low 91.200000000
3rd Low 85.160000000

116.380000000 – 122.290000000 – 122.000000000 – 106.580000000 – 99.660000000 – 91.200000000 — 38.342706714841 – 34.448321465425

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