LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 93.000000000 is likely expected.
Caution: A possible change in the direction of the support level at 81.540000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bullish Engulfing’. this 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 | 98.490000000 |
| 2nd High | 95.000000000 |
| Next High | 93.000000000 |
| Current Price | 89.910000000 |
| Next Low | 81.540000000 |
| 2nd Low | 78.840000000 |
| 3rd Low | 77.630000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing