LTC/USDT – 30M – BUYAdditionally a ‘Double top retreat up’ chart pattern is found. The chart picture forms ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to rise.
The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline up.
An ascending movement up to the next resistance at 119.130000000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 115.290000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candlestick pattern is found. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123.200000000 |
| 2nd High | 122.990000000 |
| Next High | 119.130000000 |
| Current Price | 115.370000000 |
| Next Low | 115.290000000 |
| 2nd Low | 115.190000000 |
| 3rd Low | 103.160000000 |
119.130000000 – 122.990000000 – 123.200000000 – 115.290000000 – 115.310000000 – 120.470000000 — 39.874581967308 – 42.182460077599
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double top retreat up – –