The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 57.71 will continue.
Caution: A possible change in the direction of the support zone at 54.76 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 57.160000000 |
| Next Low | 54.76 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
56.43 – 56.03 – 55.64 – 54.76 – 54.95 – 54.99 —
56.610000000 – 56.870000000 —
74.034558108719 – 75.667196705068 —
– —
56.43 – 1777867200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –