The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 115.870000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 113.760000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 120.830000000 |
| 2nd High | 116.760000000 |
| Next High | 115.870000000 |
| Current Price | 114.360000000 |
| Next Low | 113.760000000 |
| 2nd Low | 113.200000000 |
| 3rd Low | 112.000000000 |
115.870000000 – 115.790000000 – 115.230000000 – 113.760000000 – 113.200000000 – 112.000000000 — 38.971284941577 – 43.705362986132
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –