Buy LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline up.

An ascent upwards to the next resistance level at 86.77 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 74.66 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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 97.55
2nd High 87.8
Next High 86.77
Current Price 80.610000000
Next Low 74.66
2nd Low 52.71
3rd Low

86.77 – 85.97 – 84.83 – 82.16 – 83.68 – 74.66 — 30.225163800563 – 31.662389261643 — 11.88864142539 – 23.198218262806 – 6.9157509401508 – 13.189872500513

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