LTC/USDT – 30M – BUY

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

A bullish trend up to the next resistance level at 56.36 is considered certain.

Caution: A possible counter-trend in the direction of support at 55.770000000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

56.36 – 56.61 – 56.72 – 55.770000000 – 55.75 – 55.91 —
55.960000000 – 56.380000000 —
41.333772276641 – 52.552074509033 —
55.770000000 – 1777222800 —
56.36 – 1777203000

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