The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 69.05 will continue.
Caution: A possible trend reversal in the direction of the support level at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70.06 |
| 2nd High | 69.71 |
| Next High | 69.05 |
| Current Price | 68.650000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
69.05 – 69.71 – 69.39 – 67.06 – 68 – 66.03 —
68.450000000 – 68.240000000 —
46.188211343607 – 49.694630217433 —
– —
69.05000 – 1769074200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –