LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 102.570000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 98.990000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Engulfing’ candle chart pattern is found. The chart shows ‘Bullish Engulfing’. which 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 ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 102.570000000 |
| Current Price | 100.870000000 |
| Next Low | 98.990000000 |
| 2nd Low | 97.740000000 |
| 3rd Low | 94.720000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing