LTC/USDT – 30M – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance at 116.920000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 110.710000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Engulfing’ candle pattern is discovered. The chart forms ‘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 | 116.920000000 |
| Current Price | 113.030000000 |
| 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