Then a ‘Double bottom chart pattern’ chart layout is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish signal. The pair is likely to go up.
The pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 115.120000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 111.230000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Outside Up’ candle pattern is detected. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 115.120000000 |
| Current Price | 115.280000000 |
| Next Low | 111.230000000 |
| 2nd Low | 109.500000000 |
| 3rd Low | 108.710000000 |
115.120000000 – 113.500000000 – 113.000000000 – 111.230000000 – 109.500000000 – 108.710000000 — 75.794048427113 – 78.102082719411
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double bottom chart pattern – –