The pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 123.880000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 120.100000000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 126.420000000 |
| 2nd High | 126.350000000 |
| Next High | 123.880000000 |
| Current Price | 120.640000000 |
| Next Low | 120.100000000 |
| 2nd Low | 119.320000000 |
| 3rd Low | 117.370000000 |
123.880000000 – 122.750000000 – 126.350000000 – 120.100000000 – 120.900000000 – 122.830000000 — 44.195263084013 – 44.561924159176
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –