LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support at 99.500000000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 101.750000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ candlestick pattern is existing. The chart shows ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106.510000000 |
| 2nd High | 101.800000000 |
| Next High | 101.750000000 |
| Current Price | 99.340000000 |
| Next Low | 99.500000000 |
| 2nd Low | 98.670000000 |
| 3rd Low | 97.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low