And also a ‘Double top retreat up’ chart layout is found. The formation shows ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to rise.
And also a ‘RSI cross above 30’ indicator signal is detected. The indicator is ‘RSI cross above 30’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 122.290000000 |
| Next High | 114.350000000 |
| Current Price | 109.630000000 |
| Next Low | 108.890000000 |
| 2nd Low | 99.660000000 |
| 3rd Low | 98.200000000 |
114.350000000 – 122.290000000 – 119.860000000 – 108.890000000 – 112.800000000 – 112.590000000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing – Double top retreat up –