The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 75.36 will continue.
Caution: A possible counter-trend in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76.92 |
| 2nd High | 76.07 |
| Next High | 75.36 |
| Current Price | 74.880000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
75.36 – 75.24 – 76.07 – 74.24 – 73.96 – 73.84 — 44.568424702854 – 46.981115689253 — 10.619315225761 – 13.115922312486 – 8.4120600554263 – 10.347890002835
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –