Buy LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 133.990000000 is expected.

Caution: A possible change in the direction of the support level at 118.360000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 134.190000000
Next High 133.990000000
Current Price 121.460000000
Next Low 118.360000000
2nd Low 118.250000000
3rd Low 117.370000000

133.990000000 – 134.190000000 – 128.150000000 – 128.900000000 – 118.360000000 – 122.070000000 — 28.978386422075 – 29.693464402752

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