Buy LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance line at 125.010000000 is likely expected.

Caution: A possible change in the direction of the support level at 116.930000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bullish Engulfing’ candlestick 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 138.670000000
2nd High 135.900000000
Next High 125.010000000
Current Price 121.900000000
Next Low 116.930000000
2nd Low 101.230000000
3rd Low 100.560000000

Download LTC/USDT Signal Image

Trading Signals:

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