LTC/USDT – 4H – SELLThe currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support level at 76.08 will continue.
Caution: A possible change in the direction of the resistance level at 86.77 could occur.
Consider stop-loss settings accordingly.
There is also a ‘%K fall below 80’ indicator signal is detected. The indicator is ‘%K fall below 80’. this is usually a bearish signal. The pair is likely to go down.
There is also a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 109.59 |
| 2nd High | 87.8 |
| Next High | 86.77 |
| Current Price | 81.460000000 |
| Next Low | 76.08 |
| 2nd Low | 75.22 |
| 3rd Low | 72.64 |
80.58 – 79.49 – 79.41 – 76.08 – 76.92 – 75.22 — 44.544173785292 – 43.99927822279 — 10.590221414194 – 0 – 22.59882114437 – 9.9517347358397
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Southern Doji – Triple bottom chart pattern – –