LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 97.52 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 90.43 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 102.75 |
| 2nd High | 97.94 |
| Next High | 97.52 |
| Current Price | 95.470000000 |
| Next Low | 90.43 |
| 2nd Low | 85.95 |
| 3rd Low | 85.3 |
97.52 – 97.94 – 102.75 – 90.43 – 94.15 – 99.87 — 59.758578418576 – 64.036654341529 — 96.335467111977 – 96.335467111977 – 97.556978074651 – 96.335467111977
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double top retreat up – –