The pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 105.000000000 is considered certain.
Caution: A possible change in the direction of the support level at 87.630000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bullish Engulfing’ candle pattern is detected. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 105.000000000 |
Current Price | 99.750000000 |
Next Low | 87.630000000 |
2nd Low | 87.080000000 |
3rd Low | 81.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing