LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support level at 98.670000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 101.660000000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Engulfing’ candle pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish 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’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.800000000 |
| 2nd High | 101.750000000 |
| Next High | 101.660000000 |
| Current Price | 98.990000000 |
| Next Low | 98.670000000 |
| 2nd Low | 97.540000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing