Furthermore a ‘Inverse Head and Shoulder chart pattern’ chart layout is discovered. The chart picture forms ‘Inverse Head and Shoulder chart pattern’. which is a bullish signal. The pair is likely to go up.
The currency pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline up.
The bullish trend up to the next resistance at 94.170000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 89.530000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Support & Resistance | Price Range* |
---|---|
3rd High | 98.950000000 |
2nd High | 97.680000000 |
Next High | 94.170000000 |
Current Price | 89.950000000 |
Next Low | 89.530000000 |
2nd Low | 87.590000000 |
3rd Low | 86.710000000 |
94.170000000 – 92.440000000 – 93.650000000 – 90.840000000 – 91.450000000 – 89.530000000