Buy LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance line at 84.580000000 is considered certain.

Caution: A possible change in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The 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 90.970000000
2nd High 89.130000000
Next High 84.580000000
Current Price 87.480000000
Next Low
2nd Low
3rd Low

84.580000000 – 89.130000000 – 89.050000000 – 81.950000000 – 87.400000000 – 89.890000000

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