LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 87.25 will persist.
Caution: A possible trend reversal in the direction of support at 82.26 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 109.59 |
| 2nd High | 97.55 |
| Next High | 87.25 |
| Current Price | 84.220000000 |
| Next Low | 82.26 |
| 2nd Low | 82.19 |
| 3rd Low | 80.82 |
87.25 – 85 – 84.39 – 82.26 – 82.19 – 80.82 — 46.257840204417 – 47.92532355985 — 23.714113369916 – 28.069812500525 – 19.388554413737 – 22.640721481503
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –