LTC/USDT – 30M – SELLThe currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at 75.6 will persist.
Caution: A possible trend reversal in the direction of resistance at 80.75 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 81.78 |
| Next High | 80.75 |
| Current Price | 76.500000000 |
| Next Low | 75.6 |
| 2nd Low | 75.48 |
| 3rd Low | 75.29 |
80.75 – 81.78 – 82.42 – 75.6 – 77.74 – 81.05 — 51.72785617999 – 49.605693349904 — 95.024396507447 – 94.667677533485 – 86.883667180277 – 90.835125519208
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –