The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 69.39 is expected.
Caution: A possible counter-trend in the direction of the support zone at 65.9 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71.73 |
| 2nd High | 70.06 |
| Next High | 69.39 |
| Current Price | 67.960000000 |
| Next Low | 65.9 |
| 2nd Low | 65.58 |
| 3rd Low | 52.71 |
69.39 – 70.06 – 71.73 – 65.9 – 68.95 – 69.61 —
68.720000000 – 68.110000000 —
46.269435248676 – 32.418780770486 —
– —
69.39000 – 1768973400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –