The currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 128.150000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 122.880000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. 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 | |
| 2nd High | 129.160000000 |
| Next High | 128.150000000 |
| Current Price | 125.380000000 |
| Next Low | 122.880000000 |
| 2nd Low | 122.070000000 |
| 3rd Low | 118.250000000 |
128.150000000 – 127.330000000 – 126.140000000 – 122.880000000 – 122.070000000 – 118.250000000 — 51.829942435809 – 52.656724601803
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –