LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 100.540000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 103.870000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Engulfing’ candlestick pattern is existing. The chart forms ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. 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 | 114.900000000 |
| 2nd High | 105.030000000 |
| Next High | 103.870000000 |
| Current Price | 102.840000000 |
| Next Low | 100.540000000 |
| 2nd Low | 97.360000000 |
| 3rd Low | 96.830000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing