LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at is considered certain.
Caution: A possible counter-trend in the direction of the support level at 87.630000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Engulfing’ candle chart pattern is detected. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. 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 | |
| 2nd High | |
| Next High | |
| Current Price | 99.510000000 |
| Next Low | 87.630000000 |
| 2nd Low | 81.540000000 |
| 3rd Low | 78.840000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing