The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 115.630000000 is expected.
Caution: A possible trend reversal in the direction of the support level at could occur.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117.300000000 |
| 2nd High | 116.180000000 |
| Next High | 115.630000000 |
| Current Price | 115.340000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
115.630000000 – 116.180000000 – 117.300000000 – 113.450000000 – 112.060000000 – 112.110000000 — 52.506267030348 – 54.09171263281
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –