LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 115.420000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 111.900000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘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 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 | 115.420000000 |
| Current Price | 116.370000000 |
| Next Low | 111.900000000 |
| 2nd Low | 111.230000000 |
| 3rd Low | 109.500000000 |
115.420000000 – 115.410000000 – 115.120000000 – 111.900000000 – 111.230000000 – 109.500000000 — 64.428618924573 – 65.429466771599
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –