LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) moves from the descending trendline up.
A bullish movement up to the next resistance level at 84.89 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 76.08 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Three Line Strike – Bullish’ candle chart pattern is existing. The candles form ‘Three Line Strike – Bullish’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 87.8 |
| 2nd High | 86.77 |
| Next High | 84.89 |
| Current Price | 81.340000000 |
| Next Low | 76.08 |
| 2nd Low | 75.22 |
| 3rd Low | 72.64 |
84.89 – 84.57 – 83.68 – 81.16 – 81.44 – 76.08 — 41.183442052441 – 50.54288619624 — 7.6556623485165 – 25.356105472999 – 17.831638575475 – 17.156125792388
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Line Strike – Bullish – Triple bottom chart pattern – –