The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 115.120000000 will continue.
Caution: A possible change in the direction of the support level at 109.500000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Then a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 115.120000000 |
| Current Price | 112.030000000 |
| Next Low | 109.500000000 |
| 2nd Low | 108.710000000 |
| 3rd Low | 106.380000000 |
115.120000000 – 113.500000000 – 113.000000000 – 109.500000000 – 108.710000000 – 106.380000000 — 50.634819812766 – 51.383925090749
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –