The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 112.960000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 110.710000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive 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 | 112.960000000 |
Current Price | 112.050000000 |
Next Low | 110.710000000 |
2nd Low | 104.610000000 |
3rd Low | 102.030000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Engulfing