LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 96.830000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 103.050000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Matching Low’ candlestick chart pattern is discovered. The candles form ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.350000000 |
| 2nd High | 106.510000000 |
| Next High | 103.050000000 |
| Current Price | 101.180000000 |
| Next Low | 96.830000000 |
| 2nd Low | 96.620000000 |
| 3rd Low | 94.720000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low