Buy LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.

A bullish trend upwards to the next resistance level at 111.910000000 will continue.

Caution: A possible counter-trend in the direction of support at 110.810000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 113.940000000
2nd High 112.100000000
Next High 111.910000000
Current Price 110.710000000
Next Low 110.810000000
2nd Low 109.290000000
3rd Low 108.300000000

111.910000000 – 110.790000000 – 111.270000000 – 110.810000000 – 109.290000000 – 108.300000000 — 44.083761381822 – 45.215163187613

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