The combination Litecoin/Tether (LTC/USDT) moves from the bearish trendline up.
An ascending movement up to the next resistance at 80.75 is likely expected.
Caution: A possible change in the direction of the support line at 76.7 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 81.78 |
| Next High | 80.75 |
| Current Price | 77.190000000 |
| Next Low | 76.7 |
| 2nd Low | 76.08 |
| 3rd Low | 75.48 |
80.75 – 81.78 – 82.42 – 77.74 – 81.05 – 80.88 — 38.481941710009 – 40.638849563007 — 64.64738342126 – 89.646878095123 – 34.968113506554 – 61.97094859327
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –