The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 111.270000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 109.290000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113.940000000 |
| 2nd High | 112.100000000 |
| Next High | 111.270000000 |
| Current Price | 110.120000000 |
| Next Low | 109.290000000 |
| 2nd Low | 108.300000000 |
| 3rd Low | 106.700000000 |
111.270000000 – 110.910000000 – 110.170000000 – 109.290000000 – 108.300000000 – 108.630000000 — 46.58988638422 – 48.581865893158
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –