LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 116.960000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 112.950000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The 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 | 124.770000000 |
| 2nd High | 118.730000000 |
| Next High | 116.960000000 |
| Current Price | 116.150000000 |
| Next Low | 112.950000000 |
| 2nd Low | 111.900000000 |
| 3rd Low | 111.230000000 |
116.960000000 – 118.730000000 – 115.420000000 – 112.950000000 – 111.900000000 – 111.230000000 — 53.495101569944 – 55.43564166619
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –