LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 115.520000000 will persist.
Caution: A possible reversal of the trend in the direction of support at 112.110000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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 | 119.130000000 |
| 2nd High | 116.760000000 |
| Next High | 115.520000000 |
| Current Price | 114.180000000 |
| Next Low | 112.110000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
115.520000000 – 116.760000000 – 119.130000000 – 112.110000000 – 113.420000000 – 115.290000000 — 49.958934364482 – 50.571311406678
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top chart pattern – –