Buy LTC/USDT – 30M – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.

A bullish trend upwards to the next resistance at 106.270000000 is considered certain.

Caution: A possible change in the direction of the support level at 92.570000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Advance Block’ candlestick chart pattern is found. The candles form ‘Advance Block’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).

Support & Resistance Price Range*
3rd High 117.380000000
2nd High 114.900000000
Next High 106.270000000
Current Price 95.200000000
Next Low 92.570000000
2nd Low 88.880000000
3rd Low 87.950000000

Download LTC/USDT Signal Image

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