LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 117.300000000 is expected.
Caution: A possible change in the direction of the support level at 113.450000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick chart 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 | 123.200000000 |
| 2nd High | 119.130000000 |
| Next High | 117.300000000 |
| Current Price | 115.340000000 |
| Next Low | 113.450000000 |
| 2nd Low | 112.060000000 |
| 3rd Low | 103.160000000 |
117.300000000 – 119.130000000 – 123.200000000 – 113.450000000 – 112.060000000 – 112.110000000 — 50.750439980446 – 51.962594249063
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –