LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) moves from the descending trendline up.
A bullish movement up to the next resistance line at 122.730000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 97.740000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 125.340000000 |
| 2nd High | 124.030000000 |
| Next High | 122.730000000 |
| Current Price | 101.050000000 |
| Next Low | 97.740000000 |
| 2nd Low | 94.720000000 |
| 3rd Low | 93.660000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing