LTC/USDT – 1H – BUYAdditionally a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture forms ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to go up.
The combination Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 115.120000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 111.230000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candle chart pattern is detected. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 115.120000000 |
| Current Price | 115.280000000 |
| Next Low | 111.230000000 |
| 2nd Low | 109.500000000 |
| 3rd Low | 108.710000000 |
115.120000000 – 113.500000000 – 113.000000000 – 111.230000000 – 109.500000000 – 108.710000000 — 75.794048427113 – 78.102082719411
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double bottom chart pattern – –