The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 82.12 is expected.
Caution: A possible trend reversal in the direction of the support line at 79.91 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.15 |
| 2nd High | 83.96 |
| Next High | 82.12 |
| Current Price | 81.020000000 |
| Next Low | 79.91 |
| 2nd Low | 79.04 |
| 3rd Low | 76.7 |
82.12 – 83.96 – 84.15 – 79.91 – 80.54 – 80 — 46.382249151543 – 46.518575039693 — 53.121217911969 – 44.926428434932 – 62.144085610548 – 51.985264454212
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –