LTC/USDT – 30M – BUYBesides a ‘Double bottom chart pattern’ chart layout is detected. The formation shows ‘Double bottom chart pattern’. which is a positive signal. The currency pair is likely to go up.
The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 97.990000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 95.100000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 98.950000000 |
| 2nd High | 98.320000000 |
| Next High | 97.990000000 |
| Current Price | 97.340000000 |
| Next Low | 95.100000000 |
| 2nd Low | 91.650000000 |
| 3rd Low | 91.200000000 |
97.260000000 – 96.090000000 – 97.990000000 – 95.100000000 – 91.650000000 – 91.200000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern