LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline upwards
A bullish ascent up to the next resistance at 80.75 is expected.
Caution: A possible counter-trend in the direction of support at 76.7 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 81.78 |
| Next High | 80.75 |
| Current Price | 76.440000000 |
| Next Low | 76.7 |
| 2nd Low | 76.08 |
| 3rd Low | 75.48 |
80.75 – 81.78 – 82.42 – 77.74 – 81.05 – 80.88 — 25.61752817489 – 29.584305001469 — 0.30581039755352 – 8.6746392483101 – 1.9355962274724 – 3.2759690909941
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top chart pattern – –