LTC/USDT – 30M – BUYIn addition a ‘Double bottom chart pattern’ chart pattern is detected. The formation shows ‘Double bottom chart pattern’. which is a positive signal. The currency pair is likely to go up.
The currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 97.260000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 95.100000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.320000000 |
| 2nd High | 97.990000000 |
| Next High | 97.260000000 |
| Current Price | 97.270000000 |
| Next Low | 95.100000000 |
| 2nd Low | 91.650000000 |
| 3rd Low | 91.200000000 |
97.260000000 – 96.090000000 – 97.990000000 – 95.100000000 – 91.650000000 – 91.200000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Outside Up – Double bottom chart pattern