The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 111.270000000 is certain.
Caution: A possible change in the direction of the support zone at 108.300000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. 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 | 113.940000000 |
| 2nd High | 112.100000000 |
| Next High | 111.270000000 |
| Current Price | 110.290000000 |
| Next Low | 108.300000000 |
| 2nd Low | 106.700000000 |
| 3rd Low | 103.160000000 |
111.270000000 – 110.910000000 – 110.170000000 – 108.300000000 – 108.630000000 – 111.440000000 — 47.283299781349 – 50.98736314255
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –