LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance level at 84.54 is likely expected.

Caution: A possible change in the direction of support at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

84.54 – 84.72 – 85.73 – 83.41 – 83.14 – 83.98 — 56.01943910063 – 56.832859764755 — 86.488849089591 – 91.895867980044 – 87.012930249359 – 88.691313803249

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –