LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support at 98.670000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 106.510000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bullish Engulfing’ chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.670000000 |
| 2nd High | 110.350000000 |
| Next High | 106.510000000 |
| Current Price | 100.520000000 |
| Next Low | 98.670000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing