LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 97.52 will continue.
Caution: A possible change in the direction of the support zone at 90.43 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 96.905 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 97.52 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 102.75 |
| 2nd High | 97.94 |
| Next High | 97.52 |
| Current Price | 93.980000000 |
| Next Low | 90.43 |
| 2nd Low | 85.95 |
| 3rd Low | 85.3 |
97.52 – 97.94 – 102.75 – 90.43 – 94.15 – 99.87 — 56.399201896478 – 56.93689045229 — 92.63699292316 – 100 – 88.649893712619 – 95.09132861544
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –