The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 113.900000000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency 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 | 122.290000000 |
| 2nd High | 116.380000000 |
| Next High | 113.900000000 |
| Current Price | 113.370000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113.900000000 – 116.380000000 – 115.000000000 – 109.330000000 – 108.180000000 – 110.930000000 — 52.583575142715 – 53.636187361127
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – –