LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 93.120000000 is likely expected.
Caution: A possible change in the direction of the support level at 89.530000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 93.12 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 93.120000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 97.680000000 |
| Next High | 93.120000000 |
| Current Price | 92.480000000 |
| Next Low | 89.530000000 |
| 2nd Low | 87.590000000 |
| 3rd Low | 86.710000000 |
93.120000000 – 91.500000000 – 89.540000000 – 89.530000000 – 87.590000000 – 86.710000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji