LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 113.310000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 110.880000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 114.620000000 |
| 2nd High | 113.940000000 |
| Next High | 113.310000000 |
| Current Price | 113.180000000 |
| Next Low | 110.880000000 |
| 2nd Low | 108.710000000 |
| 3rd Low | 106.380000000 |
113.310000000 – 112.230000000 – 112.010000000 – 110.880000000 – 108.710000000 – 106.380000000 — 58.605396444976 – 61.015575149344
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –