The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 125.010000000 is likely expected.
Caution: A possible change in the direction of the support level at 116.930000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 138.670000000 |
2nd High | 135.900000000 |
Next High | 125.010000000 |
Current Price | 121.900000000 |
Next Low | 116.930000000 |
2nd Low | 101.230000000 |
3rd Low | 100.560000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing