The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 113.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 106.380000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 113 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 113.000000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle pattern is detected. The candles form ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 114.620000000 |
| 2nd High | 113.940000000 |
| Next High | 113.000000000 |
| Current Price | 111.820000000 |
| Next Low | 106.380000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
113.000000000 – 111.350000000 – 111.910000000 – 106.380000000 – 107.240000000 – 110.810000000 — 63.525959247294 – 63.58709671892
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –