The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 122.990000000 will persist.
Caution: A possible reversal of the trend in the direction of support at should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123.270000000 |
| 2nd High | 123.200000000 |
| Next High | 122.990000000 |
| Current Price | 118.490000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
122.990000000 – 123.200000000 – 120.810000000 – 115.290000000 – 115.310000000 – 120.470000000 — 56.545535571363 – 57.626975996363
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –