The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 57.4 is certain.
Caution: A possible trend reversal in the direction of the support level at 56.05 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.9 |
| Next High | 57.4 |
| Current Price | 56.380000000 |
| Next Low | 56.05 |
| 2nd Low | 54.76 |
| 3rd Low | 54.35 |
57.4 – 57.9 – 55.92 – 56.05 – 56.17 – 54.76 —
56.770000000 – 56.520000000 —
48.645658492186 – 43.936687592402 —
– —
57.4 – 1778157000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –