The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 113.500000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 109.500000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116.270000000 |
| 2nd High | 114.620000000 |
| Next High | 113.500000000 |
| Current Price | 113.330000000 |
| Next Low | 109.500000000 |
| 2nd Low | 108.710000000 |
| 3rd Low | 106.380000000 |
113.500000000 – 113.000000000 – 111.350000000 – 109.500000000 – 108.710000000 – 106.380000000 — 56.284145821913 – 56.808101454648
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –