LTC/USDT – 4H – BUYThe pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 80.97 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 66.98 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The 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 | 86.77 |
| 2nd High | 82.42 |
| Next High | 80.97 |
| Current Price | 69.130000000 |
| Next Low | 66.98 |
| 2nd Low | 65.9 |
| 3rd Low | 65.58 |
80.97 – 82.42 – 80.58 – 66.98 – 65.9 – 65.58 —
68.150000000 – 68.350000000 —
40.193152380859 – 43.6190517866 —
– —
80.97000 – 1768392000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –