The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 115.420000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 111.900000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. 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 | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 115.420000000 |
| Current Price | 114.080000000 |
| Next Low | 111.900000000 |
| 2nd Low | 111.230000000 |
| 3rd Low | 109.500000000 |
115.420000000 – 115.410000000 – 115.120000000 – 111.900000000 – 111.230000000 – 109.500000000 — 56.605597428679 – 58.795746129674
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –