LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance at 82.040000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 76.170000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. 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).

82.040000000 – 84.120000000 – 85.980000000 – 76.170000000 – 78.600000000 – 80.960000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji