LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance level at 85.73 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 83.5 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

85.73 – 86.77 – 87.8 – 83.5 – 83.28 – 83.08 — 44.801686768336 – 46.258491138923 — 70.033815382402 – 71.947622131089 – 73.186320358779 – 73.856632371633

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –