The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 75.24 is likely expected.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive 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 | 76.92 |
| 2nd High | 76.07 |
| Next High | 75.24 |
| Current Price | 74.660000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
75.24 – 76.07 – 72.62 – 73.84 – 70.92 – 71.24 — 50.782152625956 – 50.972113317101 — 60.007101768352 – 54.988394508045 – 63.415623329546 – 58.335258687885
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –