The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 81.99 will persist.
Caution: A possible counter-trend in the direction of the support line at 79.91 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 83.96 |
| 2nd High | 82.12 |
| Next High | 81.99 |
| Current Price | 81.610000000 |
| Next Low | 79.91 |
| 2nd Low | 79.04 |
| 3rd Low | 76.7 |
81.99 – 82.12 – 83.96 – 79.91 – 80.54 – 80 — 55.258065956611 – 59.044986844067 — 64.006012777151 – 85.887510960792 – 43.565880643155 – 63.056167556408
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –