LTC/USDT – 30M – SELL

Furthermore a ‘Head and Shoulder chart pattern’ chart formation is discovered. The chart picture forms ‘Head and Shoulder chart pattern’. which is a negative signal. The pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support at 112.170000000 is certain.

Caution: A possible change in the direction of the resistance level at 114.590000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

114.590000000 – 116.270000000 – 114.790000000 – 112.170000000 – 112.770000000 – 106.700000000 — 42.243257025788 – 40.682228336124

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Head and Shoulder chart pattern – –