Additionally a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 83.68 will persist.
Caution: A possible trend reversal in the direction of the support line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 86.77 |
| 2nd High | 84.49 |
| Next High | 83.68 |
| Current Price | 83.810000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
83.68 – 78.55 – 79.03 – 81.44 – 76.08 – 77.62 — 59.62048093831 – 63.608071281613 — 85.032424103893 – 85.032424103893 – 74.277069021723 – 82.621105449084
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – – Double bottom chart pattern – –