The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 83.96 is likely expected.
Caution: A possible counter-trend in the direction of the support line at could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.89 |
| 2nd High | 84.15 |
| Next High | 83.96 |
| Current Price | 81.970000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
83.96 – 84.15 – 84.89 – 80 – 81 – 81.16 — 58.118207783158 – 61.341040488494 — 80.65759786204 – 91.921316071937 – 80.096821537316 – 83.071564697378
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple top chart pattern – –