The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 56.43 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 54.84 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.71 |
| Next High | 56.43 |
| Current Price | 56.420000000 |
| Next Low | 54.84 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
56.43 – 56.03 – 57.71 – 54.84 – 54.35 – 53.91 —
55.940000000 – 55.920000000 —
46.961469022926 – 53.630612841661 —
– —
56.43 – 1777867200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –