LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 119.130000000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 103.160000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 119.130000000 |
| Current Price | 114.580000000 |
| Next Low | 103.160000000 |
| 2nd Low | 99.660000000 |
| 3rd Low | 95.560000000 |
119.130000000 – 123.200000000 – 120.810000000 – 115.290000000 – 117.140000000 – 116.550000000 — 43.813140870725 – 44.140515113306
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –