The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 69.39 will continue.
Caution: A possible reversal of the trend in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 68.680000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
69.39 – 70.06 – 71.73 – 65.9 – 68.95 – 69.61 —
68.880000000 – 68.020000000 —
53.508154899086 – 38.672568804993 —
– —
69.39000 – 1768973400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –