The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 118.120000000 is considered certain.
Caution: A possible change in the direction of the support line at could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 120.830000000 |
| Next High | 118.120000000 |
| Current Price | 116.030000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
118.120000000 – 115.870000000 – 115.790000000 – 113.130000000 – 113.760000000 – 113.200000000 — 43.282161980116 – 48.42312366611
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –