The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 110.790000000 will persist.
Caution: A possible trend reversal in the direction of support at 109.290000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 112.100000000 |
| 2nd High | 111.270000000 |
| Next High | 110.790000000 |
| Current Price | 110.720000000 |
| Next Low | 109.290000000 |
| 2nd Low | 108.300000000 |
| 3rd Low | 106.700000000 |
110.790000000 – 111.270000000 – 110.910000000 – 109.290000000 – 108.300000000 – 108.630000000 — 57.640836737452 – 60.205781625356
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top chart pattern – –