The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 117.300000000 is certain.
Caution: A possible trend reversal in the direction of the support line at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.
Next a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish 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 | 123.200000000 |
| 2nd High | 119.130000000 |
| Next High | 117.300000000 |
| Current Price | 116.540000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
117.300000000 – 119.130000000 – 123.200000000 – 113.450000000 – 112.060000000 – 112.110000000 — 58.344409253048 – 59.962538606901
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom retreat down – –