The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at is expected.
Caution: A possible change in the direction of support at 118.360000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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 | |
| 2nd High | |
| Next High | |
| Current Price | 131.090000000 |
| Next Low | 118.360000000 |
| 2nd Low | 118.250000000 |
| 3rd Low | 117.370000000 |
128.150000000 – 126.140000000 – 126.350000000 – 118.360000000 – 122.070000000 – 118.250000000 — 70.19813117098 – 70.19813117098
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –