The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 124.770000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 109.500000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 134.190000000 |
| Next High | 124.770000000 |
| Current Price | 116.370000000 |
| Next Low | 109.500000000 |
| 2nd Low | 106.380000000 |
| 3rd Low | 103.160000000 |
115.120000000 – 116.270000000 – 124.770000000 – 109.500000000 – 106.380000000 – 108.300000000 — 64.653878236095 – 68.252173841074
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –