The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 57.42 will persist.
Caution: A possible counter-trend in the direction of the support line at 54.76 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Bearish Harami Cross’ candlestick chart pattern is found. The chart shows ‘Bearish Harami Cross’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 58.71 |
| Next High | 57.42 |
| Current Price | 56.300000000 |
| Next Low | 54.76 |
| 2nd Low | 54.67 |
| 3rd Low | 53.91 |
55.88 – 55.4 – 55.44 – 54.76 – 54.67 – 53.91 —
55.200000000 – 55.990000000 —
49.921140662022 – 64.750947720605 —
– —
55.88 – 1776780000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami Cross – – –