LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 120.810000000 will persist.
Caution: A possible change in the direction of the support line at 116.550000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency 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 | 133.990000000 |
| 2nd High | 123.270000000 |
| Next High | 120.810000000 |
| Current Price | 118.890000000 |
| Next Low | 116.550000000 |
| 2nd Low | 115.190000000 |
| 3rd Low | 103.160000000 |
120.810000000 – 123.270000000 – 133.990000000 – 116.550000000 – 119.260000000 – 128.900000000 — 46.901911567451 – 47.338294066683
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –