LTC/USDT – 4H – BUYThe currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 80.58 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Bullish Engulfing’ candlestick pattern is existing. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.8 |
| 2nd High | 86.77 |
| Next High | 80.58 |
| Current Price | 81.490000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
80.58 – 79.49 – 79.41 – 76.08 – 76.92 – 75.22 — 43.405961062765 – 47.932488210193 — 30.970228007783 – 50.265311925202 – 33.421471633019 – 38.69639019888
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –