LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 83.96 is expected.
Caution: A possible trend reversal in the direction of support at 81 could occur.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.89 |
| 2nd High | 84.15 |
| Next High | 83.96 |
| Current Price | 81.400000000 |
| Next Low | 81 |
| 2nd Low | 79.04 |
| 3rd Low | 76.7 |
83.96 – 84.15 – 84.89 – 81 – 81.16 – 82.83 — 45.769876490424 – 46.959219923831 — 30.549673142436 – 51.317536058699 – 19.843485433768 – 31.504458126432
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple top chart pattern – –