The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 114.890000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 113.600000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119.470000000 |
| 2nd High | 115.310000000 |
| Next High | 114.890000000 |
| Current Price | 113.940000000 |
| Next Low | 113.600000000 |
| 2nd Low | 113.400000000 |
| 3rd Low | 113.370000000 |
114.890000000 – 115.310000000 – 119.470000000 – 113.600000000 – 113.400000000 – 113.370000000 — 45.848742487545 – 46.260377134016
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –