The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 116.270000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 113.600000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. 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 | 120.830000000 |
| 2nd High | 119.470000000 |
| Next High | 116.270000000 |
| Current Price | 115.850000000 |
| Next Low | 113.600000000 |
| 2nd Low | 113.400000000 |
| 3rd Low | 113.370000000 |
116.270000000 – 114.890000000 – 115.310000000 – 113.600000000 – 113.400000000 – 113.370000000 — 62.179064053422 – 62.179064053422
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –