The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 115.470000000 is certain.
Caution: A possible change in the direction of the support level at 113.620000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘RSI cross above 70’ indicator layout is detected. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.290000000 |
| 2nd High | 116.380000000 |
| Next High | 115.470000000 |
| Current Price | 115.310000000 |
| Next Low | 113.620000000 |
| 2nd Low | 113.050000000 |
| 3rd Low | 112.010000000 |
115.470000000 – 113.900000000 – 116.380000000 – 113.620000000 – 113.050000000 – 112.010000000 — 57.32523359766 – 62.762537197872
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern –