LTC/USDT – 30M – BUYNext a ‘Double bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to rise.
The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 81.99 will persist.
Caution: A possible trend reversal in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The 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 | 83.96 |
| 2nd High | 82.12 |
| Next High | 81.99 |
| Current Price | 82.050000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
81.99 – 82.12 – 83.96 – 80.8 – 79.91 – 80.54 — 61.729534863765 – 65.255109343085 — 94.689938318448 – 94.689938318448 – 96.136459007431 – 94.689938318448
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –