The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 102.030000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 98.200000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 105.070000000 |
| 2nd High | 102.940000000 |
| Next High | 102.030000000 |
| Current Price | 101.580000000 |
| Next Low | 98.200000000 |
| 2nd Low | 95.560000000 |
| 3rd Low | 95.100000000 |
99.960000000 – 97.260000000 – 96.090000000 – 98.200000000 – 95.560000000 – 95.820000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji –