Buy LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 117.380000000 is expected.

Caution: A possible counter-trend in the direction of the support line at 113.010000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 124.030000000
2nd High 122.730000000
Next High 117.380000000
Current Price 113.320000000
Next Low 113.010000000
2nd Low 111.640000000
3rd Low 110.710000000

Download LTC/USDT Signal Image

Trading Signals:

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