LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 87.32 will continue.
Caution: A possible change in the direction of the support line at 86.01 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.04 |
| 2nd High | 87.72 |
| Next High | 87.32 |
| Current Price | 87.180000000 |
| Next Low | 86.01 |
| 2nd Low | 85.97 |
| 3rd Low | 83.28 |
87.32 – 87.72 – 86.2 – 86.01 – 85.97 – 83.28 — 59.466279167291 – 59.825021826919 — 64.08099348119 – 60.024035835245 – 77.624215497044 – 66.292775896185
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –