Buy LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance level at 69.39 is expected.

Caution: A possible counter-trend in the direction of the support zone at 65.9 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency 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 71.73
2nd High 70.06
Next High 69.39
Current Price 67.960000000
Next Low 65.9
2nd Low 65.58
3rd Low 52.71

69.39 – 70.06 – 71.73 – 65.9 – 68.95 – 69.61 —
68.720000000 – 68.110000000 —
46.269435248676 – 32.418780770486 —
– —
69.39000 – 1768973400

Trading Signals:

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