The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 71.73 is certain.
Caution: A possible trend reversal in the direction of the support line at 67.75 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76.07 |
| 2nd High | 75.9 |
| Next High | 71.73 |
| Current Price | 69.670000000 |
| Next Low | 67.75 |
| 2nd Low | 66.98 |
| 3rd Low | 66.03 |
70.12 – 68.98 – 69.2 – 67.75 – 66.98 – 67.06 —
69.330000000 – 70.190000000 —
52.057717361074 – 50.464670717301 —
– —
70.12000 – 1769475600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –