Sell LTC/USDT – 30M – SELL

Then a ‘Inverse Head and Shoulder chart pattern’ chart layout is detected. The chart picture forms ‘Inverse Head and Shoulder chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.

The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.

A descent down to the next support level at 73.96 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 75.36 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 76.92
2nd High 76.07
Next High 75.36
Current Price 74.610000000
Next Low 73.96
2nd Low 73.84
3rd Low 70.92

75.36 – 75.24 – 76.07 – 73.96 – 73.84 – 70.92 — 46.58347118002 – 45.450976910073 — 8.6280539894071 – 15.112857603888 – 28.337594110028 – 16.198512381319

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