LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 55.88 will persist.
Caution: A possible counter-trend in the direction of the support level at 53.65 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency 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 | 56.47 |
| 2nd High | 56 |
| Next High | 55.88 |
| Current Price | 54.440000000 |
| Next Low | 53.65 |
| 2nd Low | 45.07 |
| 3rd Low |
55.88 – 56 – 56.47 – 53.65 – 45.07 – 57.07 —
54.520000000 – 54.020000000 —
41.786503112029 – 46.611865955528 —
– —
55.88 – 1770537600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –