LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 70.12 is likely expected.
Caution: A possible change in the direction of the support zone at 67.75 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘Bearish Harami Cross’ candlestick pattern is existing. The candles form ‘Bearish Harami Cross’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.9 |
| 2nd High | 71.73 |
| Next High | 70.12 |
| Current Price | 70.080000000 |
| Next Low | 67.75 |
| 2nd Low | 66.98 |
| 3rd Low | 66.03 |
70.12 – 68.98 – 69.2 – 67.75 – 66.98 – 67.06 —
69.100000000 – 69.740000000 —
44.264340469672 – 54.820836124826 —
– —
70.12000 – 1769475600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami Cross – Double bottom retreat down – –