The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support level at 110.710000000 will continue.
Caution: A possible change in the direction of resistance at 114.900000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Engulfing’ candlestick pattern is existing. The chart shows ‘Bullish Engulfing’. which is a bullish 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 | 122.730000000 |
2nd High | 117.380000000 |
Next High | 114.900000000 |
Current Price | 111.230000000 |
Next Low | 110.710000000 |
2nd Low | 104.610000000 |
3rd Low | 102.030000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing