The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 76.07 is certain.
Caution: A possible counter-trend in the direction of the support line at 74.24 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 80.97 |
| 2nd High | 76.92 |
| Next High | 76.07 |
| Current Price | 74.990000000 |
| Next Low | 74.24 |
| 2nd Low | 73.96 |
| 3rd Low | 73.84 |
75.36 – 75.24 – 76.07 – 74.24 – 73.96 – 73.84 — 44.828299418979 – 47.526555043676 — 1.6931496398022 – 7.3506756459351 – 27.541543855253 – 13.028748489605
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –