LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support line at 97.360000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 102.320000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Engulfing’ candle chart pattern is existing. 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 chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106.510000000 |
| 2nd High | 103.050000000 |
| Next High | 102.320000000 |
| Current Price | 98.730000000 |
| Next Low | 97.360000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing