LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 120.830000000 is certain.
Caution: A possible reversal of the trend in the direction of support at 112.950000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 133.990000000 |
| 2nd High | 124.770000000 |
| Next High | 120.830000000 |
| Current Price | 115.280000000 |
| Next Low | 112.950000000 |
| 2nd Low | 111.900000000 |
| 3rd Low | 111.230000000 |
120.830000000 – 116.960000000 – 118.730000000 – 112.950000000 – 111.900000000 – 111.230000000 — 36.058905461209 – 37.687648277987
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –