LTC/USDT – 4H – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support line at 97.210000000 will continue.
Caution: A possible change in the direction of the resistance zone at 117.380000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Matching Low’ candle pattern is found. The candles form ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 117.380000000 |
| Current Price | 103.370000000 |
| Next Low | 97.210000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low