The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 122.990000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.
Besides 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 signal. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘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 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 | 118.230000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
122.990000000 – 123.200000000 – 120.810000000 – 115.290000000 – 115.310000000 – 120.470000000 — 53.948514965956 – 54.721505747658
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –