The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 135.99 will persist.
Caution: A possible counter-trend in the direction of the support zone at 98.8 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 140.17 |
| Next High | 135.99 |
| Current Price | 110.370000000 |
| Next Low | 98.8 |
| 2nd Low | 98.02 |
| 3rd Low | 85.95 |
110 – 109.94 – 100.93 – 98.8 – 98.02 – 98.14 — 59.196545121472 – 59.36673249308 — 40.954647957905 – 28.311617806732 – 62.883985910325 – 44.09504718951
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –