LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 114.230000000 will continue.
Caution: A possible trend reversal in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
Besides a ‘Bullish Engulfing’ candle chart pattern is discovered. The candles form ‘Bullish Engulfing’. this 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 probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116.270000000 |
| 2nd High | 114.590000000 |
| Next High | 114.230000000 |
| Current Price | 113.870000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
114.230000000 – 114.590000000 – 116.270000000 – 111.320000000 – 112.170000000 – 112.770000000 — 49.632594842653 – 58.6360763094
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –