LTC/USDT – 30M – BUYBesides a ‘Double top retreat up’ chart layout is detected. The chart picture forms ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.
The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 71.73 will persist.
Caution: A possible change in the direction of the support line at 69.61 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.9 |
| 2nd High | 75.56 |
| Next High | 71.73 |
| Current Price | 69.730000000 |
| Next Low | 69.61 |
| 2nd Low | 65.58 |
| 3rd Low | 52.71 |
71.73 – 71.27 – 75.56 – 69.61 – 65.58 – 74.34 —
70.760000000 – 69.550000000 —
46.714432441299 – 30.442951778221 —
– —
71.73000 – 1768851000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –