The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 107.670000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 99.460000000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 124.030000000 |
2nd High | 122.730000000 |
Next High | 107.670000000 |
Current Price | 107.160000000 |
Next Low | 99.460000000 |
2nd Low | 97.540000000 |
3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers