The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 110.910000000 will continue.
Caution: A possible change in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Additionally a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.940000000 |
| 2nd High | 112.100000000 |
| Next High | 110.910000000 |
| Current Price | 110.690000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
110.910000000 – 110.170000000 – 112.100000000 – 108.300000000 – 108.630000000 – 111.440000000 — 56.045373594347 – 57.488992752812
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –