LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 97.360000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 105.030000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Meeting Lines’ candlestick pattern is found. The chart forms ‘Bullish Meeting Lines’. 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 ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117.380000000 |
| 2nd High | 114.900000000 |
| Next High | 105.030000000 |
| Current Price | 101.450000000 |
| Next Low | 97.360000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Meeting Lines