LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support at 104.610000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 116.920000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Matching Low’ chart pattern is existing. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 116.920000000 |
| Current Price | 114.600000000 |
| Next Low | 104.610000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low