LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 115.230000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 112.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Outside Up’ candle pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. 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 | 120.830000000 |
| 2nd High | 116.760000000 |
| Next High | 115.230000000 |
| Current Price | 115.560000000 |
| Next Low | 112.000000000 |
| 2nd Low | 111.920000000 |
| 3rd Low | 111.900000000 |
115.230000000 – 116.760000000 – 120.830000000 – 112.000000000 – 111.920000000 – 112.410000000 — 60.894337468627 – 65.235195336087
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –