The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 133.990000000 is expected.
Caution: A possible change in the direction of the support level at 118.360000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 134.190000000 |
| Next High | 133.990000000 |
| Current Price | 121.460000000 |
| Next Low | 118.360000000 |
| 2nd Low | 118.250000000 |
| 3rd Low | 117.370000000 |
133.990000000 – 134.190000000 – 128.150000000 – 128.900000000 – 118.360000000 – 122.070000000 — 28.978386422075 – 29.693464402752
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –