LTC/USDT – 30M – BUYAlso there is a ‘Falling Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 94.170000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 89.530000000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.950000000 |
| 2nd High | 97.680000000 |
| Next High | 94.170000000 |
| Current Price | 88.620000000 |
| Next Low | 89.530000000 |
| 2nd Low | 87.590000000 |
| 3rd Low | 86.710000000 |
94.170000000 – 92.440000000 – 93.650000000 – 90.840000000 – 91.450000000 – 89.530000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji