LTC/USDT – 30M – SELLThe combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 83.41 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 84.83 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 86.77 |
| 2nd High | 85.73 |
| Next High | 84.83 |
| Current Price | 83.850000000 |
| Next Low | 83.41 |
| 2nd Low | 83.14 |
| 3rd Low | 83.08 |
84.83 – 84.71 – 84.54 – 83.41 – 83.14 – 83.98 — 45.995158468305 – 43.560901639705 — 9.1248338615684 – 3.9447227618171 – 18.049165615877 – 10.824841813493
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –