LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 85.980000000 is likely expected.
Caution: A possible counter-trend in the direction of support at 80.960000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.390000000 |
| 2nd High | 86.050000000 |
| Next High | 85.980000000 |
| Current Price | 83.700000000 |
| Next Low | 80.960000000 |
| 2nd Low | 75.660000000 |
| 3rd Low | 74.920000000 |
85.980000000 – 85.430000000 – 86.050000000 – 80.960000000 – 84.160000000 – 84.210000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji