The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 55 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 53.64 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.05 |
| 2nd High | 55.75 |
| Next High | 55 |
| Current Price | 54.000000000 |
| Next Low | 53.64 |
| 2nd Low | 53.62 |
| 3rd Low | 53.01 |
55 – 54.56 – 54.69 – 53.64 – 53.79 – 53.62 —
54.010000000 – 53.920000000 —
45.001945027881 – 44.64535246317 —
– —
55 – 1773154800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –