Also there is a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 110.460000000 is likely expected.
Caution: A possible change in the direction of the support zone at 103.160000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘Rising Window’ candlestick pattern is existing. The chart forms ‘Rising Window’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Rising Window’ heading up is 75% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111.860000000 |
| 2nd High | 111.420000000 |
| Next High | 110.460000000 |
| Current Price | 124.060000000 |
| Next Low | 103.160000000 |
| 2nd Low | 99.660000000 |
| 3rd Low | 98.200000000 |
110.460000000 – 111.420000000 – 111.860000000 – 103.160000000 – 105.200000000 – 106.820000000 — 51.954772890288 – 85.675106091502
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Rising Window – Double bottom chart pattern – –