LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 69.71 is considered certain.
Caution: A possible change in the direction of the support zone at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 70.35412 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 69.71 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71.73 |
| 2nd High | 70.06 |
| Next High | 69.71 |
| Current Price | 68.930000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
69.71 – 69.39 – 70.06 – 66.03 – 65.9 – 68.95 —
68.790000000 – 68.470000000 —
48.413252607075 – 46.994159599347 —
– —
69.71000 – 1769032800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –