The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 123.200000000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. 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 | |
| 2nd High | 134.190000000 |
| Next High | 123.200000000 |
| Current Price | 115.590000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
123.200000000 – 134.190000000 – 126.420000000 – 116.550000000 – 118.360000000 – 118.250000000 — 42.375905771212 – 44.882449522174
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double top retreat up – –