LTC/USDT – 1H – BUYIn addition a ‘Double top retreat up’ chart formation is discovered. The chart picture forms ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.
The pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline up.
A bullish movement upwards to the next resistance level at 122.290000000 will continue.
Caution: A possible change in the direction of the support line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Three Outside Up’ candle pattern is found. The candles form ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 122.290000000 |
| Current Price | 113.470000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
122.290000000 – 122.000000000 – 112.390000000 – 112.590000000 – 114.000000000 – 99.660000000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double top retreat up –