The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 120.830000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 111.920000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ chart pattern is existing. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 134.190000000 |
| 2nd High | 124.770000000 |
| Next High | 120.830000000 |
| Current Price | 114.240000000 |
| Next Low | 111.920000000 |
| 2nd Low | 109.500000000 |
| 3rd Low | 106.380000000 |
120.830000000 – 118.730000000 – 115.120000000 – 111.920000000 – 109.500000000 – 106.380000000 — 42.699298032016 – 43.672960502431
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –