The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 80.97 will persist.
Caution: A possible trend reversal in the direction of the support line at 69.46 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ chart pattern is existing. 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 success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82.42 |
| 2nd High | 81.78 |
| Next High | 80.97 |
| Current Price | 75.520000000 |
| Next Low | 69.46 |
| 2nd Low | 52.71 |
| 3rd Low |
80.97 – 81.78 – 82.42 – 69.46 – 73.07 – 75.26 — 66.374369217609 – 69.000587731877 — 100 – 100 – 99.549137480397 – 100
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –