The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 123.200000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 115.290000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 123.270000000 |
| Next High | 123.200000000 |
| Current Price | 117.070000000 |
| Next Low | 115.290000000 |
| 2nd Low | 115.190000000 |
| 3rd Low | 103.160000000 |
123.200000000 – 120.810000000 – 123.270000000 – 115.290000000 – 117.140000000 – 116.550000000 — 46.604765896313 – 46.712846708221
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –