Buy LTC/USDT – 4H – BUY

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

A bullish ascent upwards to the next resistance line at 120.830000000 is certain.

Caution: A possible trend reversal in the direction of the support level at 111.920000000 could happen.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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 124.770000000
Next High 120.830000000
Current Price 114.240000000
Next Low 111.920000000
2nd Low 109.500000000
3rd Low 106.380000000

120.830000000 – 118.730000000 – 115.120000000 – 111.920000000 – 109.500000000 – 106.380000000 — 42.699298032016 – 43.672960502431

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