LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support line at 97.360000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 117.380000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Engulfing’ candlestick pattern is existing. The candles show ‘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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 117.380000000 |
| Current Price | 102.260000000 |
| 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 Engulfing