Buy LTC/USDT – 30M – BUY

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:

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