LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 107.670000000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 103.960000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Engulfing’ chart pattern is discovered. The chart shows ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.030000000 |
| 2nd High | 122.730000000 |
| Next High | 107.670000000 |
| Current Price | 107.160000000 |
| Next Low | 103.960000000 |
| 2nd Low | 99.460000000 |
| 3rd Low | 97.540000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing