LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance level at 115.310000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 113.370000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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 | 120.830000000 |
| 2nd High | 119.470000000 |
| Next High | 115.310000000 |
| Current Price | 114.350000000 |
| Next Low | 113.370000000 |
| 2nd Low | 113.130000000 |
| 3rd Low | 112.000000000 |
115.310000000 – 119.470000000 – 118.120000000 – 113.370000000 – 116.280000000 – 114.910000000 — 51.981498908772 – 52.311397370916
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –