Moreover a ‘Inverse Head and Shoulder chart pattern’ chart pattern is discovered. The chart forms ‘Inverse Head and Shoulder chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 75.36 is certain.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The 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 | 76.92 |
| 2nd High | 76.07 |
| Next High | 75.36 |
| Current Price | 74.950000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
75.36 – 75.24 – 76.07 – 73.96 – 73.84 – 70.92 — 50.767432411463 – 53.799798924019 — 33.078331661551 – 50.196295222893 – 18.802450930449 – 32.706618758308
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Inverse Head and Shoulder chart pattern – –