Buy LTC/USDT – 1H – BUY

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

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