LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance at 111.270000000 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 109.290000000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which 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).

111.270000000 – 114.620000000 – 116.270000000 – 109.290000000 – 108.300000000 – 111.440000000 — 52.644541051727 – 54.396499797105

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top chart pattern – –