LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 59.14 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 56.05 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 60.99 |
| 2nd High | 59.49 |
| Next High | 59.14 |
| Current Price | 57.800000000 |
| Next Low | 56.05 |
| 2nd Low | 54.76 |
| 3rd Low | 54.35 |
59.14 – 58.99 – 56.79 – 56.05 – 56.17 – 54.76 —
58.380000000 – 58.100000000 —
46.087223195284 – 33.361296094971 —
– —
59.14 – 1778290200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –