The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support line at 68.420000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 70 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70.49 |
| 2nd High | 70.01 |
| Next High | 70 |
| Current Price | 69.510000000 |
| Next Low | 68.420000000 |
| 2nd Low | 67.75 |
| 3rd Low | 67.03 |
70 – 70.01 – 70.49 – 68.420000000 – 69.19 – 68.64 —
69.170000000 – 69.440000000 —
33.928335876882 – 49.974939023942 —
68.420000000 – 1769612400 —
70.00000 – 1769607000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –