The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 82.040000000 is likely expected.
Caution: A possible change in the direction of the support level at 76.170000000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. this is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 85.980000000 |
2nd High | 84.120000000 |
Next High | 82.040000000 |
Current Price | 80.360000000 |
Next Low | 76.170000000 |
2nd Low | 75.660000000 |
3rd Low | 74.920000000 |
82.040000000 – 84.120000000 – 85.980000000 – 76.170000000 – 78.600000000 – 80.960000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Northern Doji