LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 80.32 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 83.9 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Southern Doji’ chart pattern is discovered. The chart forms ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.04 |
| 2nd High | 84.54 |
| Next High | 83.9 |
| Current Price | 81.300000000 |
| Next Low | 80.32 |
| 2nd Low | 80.01 |
| 3rd Low | 79.68 |
83.9 – 84.54 – 89.04 – 80.32 – 80.01 – 86.01 — 40.106781075004 – 39.904276659881 — 36.544251937411 – 20.857396712572 – 62.331145005512 – 41.171002188328
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –