LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 111.910000000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 109.290000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116.270000000 |
| 2nd High | 114.620000000 |
| Next High | 111.910000000 |
| Current Price | 110.800000000 |
| Next Low | 109.290000000 |
| 2nd Low | 108.300000000 |
| 3rd Low | 106.700000000 |
111.910000000 – 111.270000000 – 114.620000000 – 109.290000000 – 108.300000000 – 111.440000000 — 48.393332848885 – 49.375578430198
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –