Buy LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance at 112.960000000 is expected.

Caution: A possible trend reversal in the direction of the support level at 110.710000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 124.030000000
2nd High 122.730000000
Next High 112.960000000
Current Price 112.050000000
Next Low 110.710000000
2nd Low 104.610000000
3rd Low 102.030000000

Download LTC/USDT Signal Image

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