LTC/USDT – 30M – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a positive pattern signal. The pair is likely to go up.
The pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 89.540000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 87.590000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Separating Lines’ candlestick pattern is discovered. The candles show ‘Bullish Separating Lines’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.680000000 |
| 2nd High | 90.970000000 |
| Next High | 89.540000000 |
| Current Price | 90.260000000 |
| Next Low | 87.590000000 |
| 2nd Low | 86.710000000 |
| 3rd Low | 86.590000000 |
89.540000000 – 88.120000000 – 88.460000000 – 87.590000000 – 86.710000000 – 86.590000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bullish Separating Lines