The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 57.71 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 54.67 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 58.71 |
| Next High | 57.71 |
| Current Price | 55.270000000 |
| Next Low | 54.67 |
| 2nd Low | 53.91 |
| 3rd Low | 53.78 |
57.71 – 56.8 – 56.76 – 54.67 – 54.95 – 55.77 —
57.050000000 – 55.020000000 —
53.908092094143 – 39.805032585111 —
– —
57.71 – 1777456800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –