LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A descent down to the next support at 111.640000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 117.380000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Below The Stomach’ chart pattern is found. The chart shows ‘Below The Stomach’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 117.380000000 |
| Current Price | 113.320000000 |
| Next Low | 111.640000000 |
| 2nd Low | 104.610000000 |
| 3rd Low | 97.360000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach