LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.

A bullish ascent up to the next resistance level at 82.040000000 will persist.

Caution: A possible trend reversal in the direction of support at 76.170000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish 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).

82.040000000 – 84.120000000 – 85.980000000 – 76.170000000 – 78.600000000 – 80.960000000

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