The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 111.910000000 will continue.
Caution: A possible counter-trend in the direction of support at 110.810000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.940000000 |
| 2nd High | 112.100000000 |
| Next High | 111.910000000 |
| Current Price | 110.710000000 |
| Next Low | 110.810000000 |
| 2nd Low | 109.290000000 |
| 3rd Low | 108.300000000 |
111.910000000 – 110.790000000 – 111.270000000 – 110.810000000 – 109.290000000 – 108.300000000 — 44.083761381822 – 45.215163187613
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –