The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 112.660000000 is expected.
Caution: A possible reversal of the trend in the direction of support at 106.700000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 112.660000000 |
| Current Price | 112.040000000 |
| Next Low | 106.700000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
111.350000000 – 112.660000000 – 124.770000000 – 106.700000000 – 110.510000000 – 118.280000000 — 61.765182138955 – 62.961876787877
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –