The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 85 is considered certain.
Caution: A possible change in the direction of support at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.55 |
| 2nd High | 89.04 |
| Next High | 85 |
| Current Price | 84.020000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
85 – 84.17 – 84.39 – 82.19 – 82.5 – 80.82 — 51.237025433791 – 52.699118274222 — 40.463921623388 – 38.845572832219 – 45.687525239207 – 40.955326937037
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –