The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 113.310000000 is likely expected.
Caution: A possible change in the direction of the support zone at 112.150000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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 | 114.620000000 |
| 2nd High | 113.940000000 |
| Next High | 113.310000000 |
| Current Price | 113.230000000 |
| Next Low | 112.150000000 |
| 2nd Low | 110.880000000 |
| 3rd Low | 108.710000000 |
113.310000000 – 112.230000000 – 112.010000000 – 112.150000000 – 110.880000000 – 108.710000000 — 57.543883806127 – 60.779243690402
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –