LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 84.57 is expected.
Caution: A possible counter-trend in the direction of support at 81.44 could happen.
Consider stop-loss settings accordingly.
Next a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency 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 | 87.8 |
| 2nd High | 86.77 |
| Next High | 84.57 |
| Current Price | 83.250000000 |
| Next Low | 81.44 |
| 2nd Low | 76.08 |
| 3rd Low | 75.22 |
84.57 – 83.68 – 78.55 – 81.44 – 76.08 – 77.62 — 48.724812244054 – 50.95613879278 — 0.55067974531062 – 5.9583191780088 – 7.1308246988092 – 5.6432986996259
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –