LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance level at 69.2 is certain.

Caution: A possible trend reversal in the direction of the support line at 66.98 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The 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).

69.2 – 69.6 – 69.71 – 66.98 – 67.06 – 66.03 — 55.038253595515 – 55.531224134504 — 93.986841842142 – 100 – 82.873731010992 – 92.866332046847

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –