LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.
A descending movement down to the next support level at 98.670000000 is considered certain.
Caution: A possible change in the direction of the resistance line at 101.800000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Tweezers Bottom’ candle chart pattern is found. The candles form ‘Tweezers Bottom’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.350000000 |
| 2nd High | 106.510000000 |
| Next High | 101.800000000 |
| Current Price | 101.170000000 |
| Next Low | 98.670000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Bottom