LTC/USDT – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart pattern is existing. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards

A descending movement down to the next support level at 83.28 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 86.77 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Southern Doji’ candle pattern is discovered. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The currency 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).

86.77 – 87.8 – 87.32 – 84.43 – 86.01 – 85.97 — 43.751353077234 – 43.421761379459 — 41.448374873497 – 38.394643319447 – 43.25197894357 – 41.791993221775

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Southern Doji – Double top chart pattern – –