LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline upwards
An ascent up to the next resistance level at 53.68 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 52.66 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Advance Block’ candlestick chart pattern is existing. The chart forms ‘Advance Block’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 54.7 |
| 2nd High | 54.43 |
| Next High | 53.68 |
| Current Price | 52.900000000 |
| Next Low | 52.66 |
| 2nd Low | 52.59 |
| 3rd Low | 51.4 |
53.68 – 54.43 – 54.7 – 53.22 – 52.98 – 53.3 —
53.530000000 – 52.870000000 —
44.011056869853 – 31.794273086436 —
– —
53.68 – 1779616800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Advance Block – – –