LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 83.9 is expected.
Caution: A possible change in the direction of the support level at 80.32 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 89.04 |
| 2nd High | 84.54 |
| Next High | 83.9 |
| Current Price | 81.760000000 |
| Next Low | 80.32 |
| 2nd Low | 80.01 |
| 3rd Low | 79.68 |
83.9 – 84.54 – 89.04 – 80.32 – 80.01 – 86.01 — 45.15371926548 – 44.598621944206 — 21.448248720976 – 32.533943329398 – 26.330676898859 – 24.973763610127
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –