The currency pair Litecoin/Tether (LTC/USDT) goes from the descending trendline upwards
A bullish trend up to the next resistance level at 80.97 will persist.
Caution: A possible counter-trend in the direction of the support level at 65.58 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.
And also a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency 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 | 86.77 |
| 2nd High | 82.42 |
| Next High | 80.97 |
| Current Price | 69.200000000 |
| Next Low | 65.58 |
| 2nd Low | 52.71 |
| 3rd Low |
80.97 – 82.42 – 80.58 – 65.58 – 69.46 – 75.26 —
70.760000000 – 68.940000000 —
34.874614680798 – 34.270645328014 —
– —
80.97000 – 1768392000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double bottom chart pattern – –