LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 99.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 93.660000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Engulfing’ candle pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 103.180000000 |
| 2nd High | 99.230000000 |
| Next High | 99.000000000 |
| Current Price | 98.460000000 |
| Next Low | 93.660000000 |
| 2nd Low | 87.950000000 |
| 3rd Low | 87.630000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing