LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 44.07 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 43.17 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Advance Block’ candlestick pattern is discovered. The candles show ‘Advance Block’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 45.63 |
| 2nd High | 44.89 |
| Next High | 44.07 |
| Current Price | 43.510000000 |
| Next Low | 43.17 |
| 2nd Low | 43.1 |
| 3rd Low | 42.54 |
44.07 – 44.89 – 45.63 – 43.17 – 43.2 – 43.84 —
43.750000000 – 43.440000000 —
52.285794955315 – 46.024840328179 —
– —
44.07 – 1783497600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Advance Block – – –