LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the descending trendline upwards
An ascent up to the next resistance level at 124.770000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 103.160000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 134.190000000 |
| 2nd High | 133.990000000 |
| Next High | 124.770000000 |
| Current Price | 108.610000000 |
| Next Low | 103.160000000 |
| 2nd Low | 99.660000000 |
| 3rd Low | 95.560000000 |
124.770000000 – 122.130000000 – 123.660000000 – 120.400000000 – 112.510000000 – 113.450000000 — 30.110088565055 – 30.911600887695
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –