LTC/USDT – 30M – SELLThe pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.
The bearish trend downwards to the next support at 81.16 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 83.96 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
There is also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.89 |
| 2nd High | 84.15 |
| Next High | 83.96 |
| Current Price | 81.430000000 |
| Next Low | 81.16 |
| 2nd Low | 79.04 |
| 3rd Low | 76.7 |
83.96 – 84.15 – 84.89 – 81.16 – 82.83 – 82.82 — 40.040205291942 – 38.441853989303 — 50.247762739442 – 41.185316667899 – 45.096927413324 – 44.695083368258
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –