LTC/USDT – 30M – BUYIn addition a ‘Falling Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Falling Wedge Chart Pattern’. this is a bullish chart scenario. The pair is likely to go up.
The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 85.330000000 is certain.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.390000000 |
| 2nd High | 85.680000000 |
| Next High | 85.330000000 |
| Current Price | 85.310000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
85.330000000 – 85.680000000 – 87.390000000 – 83.720000000 – 83.340000000 – 82.490000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji