The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 125.010000000 will persist.
Caution: A possible counter-trend in the direction of the support line at 116.930000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 135.900000000 |
2nd High | 127.210000000 |
Next High | 125.010000000 |
Current Price | 121.310000000 |
Next Low | 116.930000000 |
2nd Low | 116.460000000 |
3rd Low | 106.010000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers