The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 55.38 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 53.62 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 56.8 |
| 2nd High | 55.74 |
| Next High | 55.38 |
| Current Price | 54.650000000 |
| Next Low | 53.62 |
| 2nd Low | 52.91 |
| 3rd Low | 52.59 |
55.38 – 55.74 – 54.64 – 53.62 – 52.91 – 53.2 —
54.020000000 – 54.720000000 —
46.092592987973 – 61.438036396875 —
– —
55.38 – 1775653200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –