LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 112.170000000 is expected.
Caution: A possible change in the direction of resistance at 114.590000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 114.590000000 |
| Current Price | 113.660000000 |
| Next Low | 112.170000000 |
| 2nd Low | 106.700000000 |
| 3rd Low | 103.160000000 |
114.590000000 – 116.270000000 – 114.790000000 – 112.170000000 – 112.770000000 – 106.700000000 — 54.529296263871 – 52.252296475689
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –