The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline upwards
A bullish trend up to the next resistance line at 55 will persist.
Caution: A possible trend reversal in the direction of the support level at 53.01 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.05 |
| 2nd High | 55.75 |
| Next High | 55 |
| Current Price | 53.730000000 |
| Next Low | 53.01 |
| 2nd Low | 51.88 |
| 3rd Low | 51.47 |
55 – 54.56 – 54.69 – 53.64 – 53.79 – 53.62 —
54.650000000 – 53.860000000 —
42.20151099694 – 38.052901005587 —
– —
55 – 1773154800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –