The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 113.500000000 is certain.
Caution: A possible trend reversal in the direction of support at 109.500000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116.270000000 |
| 2nd High | 114.620000000 |
| Next High | 113.500000000 |
| Current Price | 111.720000000 |
| Next Low | 109.500000000 |
| 2nd Low | 108.710000000 |
| 3rd Low | 106.380000000 |
113.500000000 – 113.000000000 – 111.350000000 – 109.500000000 – 108.710000000 – 106.380000000 — 53.339099623775 – 54.305754212265
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –