The pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 98.320000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 90.750000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. 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 | 102.030000000 |
| 2nd High | 98.950000000 |
| Next High | 98.320000000 |
| Current Price | 96.330000000 |
| Next Low | 90.750000000 |
| 2nd Low | 85.160000000 |
| 3rd Low | 84.750000000 |
95.310000000 – 94.060000000 – 98.320000000 – 90.750000000 – 92.460000000 – 92.670000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern