LTC/USDT – 30M – BUYFurthermore a ‘Double top retreat up’ chart layout is detected. The chart shows ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to go up.
The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 54.77 is expected.
Caution: A possible counter-trend in the direction of support at 53.58 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Above the Stomach’ chart pattern is discovered. The candles show ‘Above the Stomach’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.88 |
| 2nd High | 55.85 |
| Next High | 54.77 |
| Current Price | 53.910000000 |
| Next Low | 53.58 |
| 2nd Low | 53.17 |
| 3rd Low | 52.95 |
54.77 – 55.85 – 55.65 – 53.58 – 53.17 – 54.67 —
54.300000000 – 54.100000000 —
47.363039909319 – 40.145447703916 —
– —
54.77 – 1771401600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Above the Stomach – Double top retreat up – –