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 56.43 will persist.
Caution: A possible counter-trend in the direction of the support line at 54.84 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.71 |
| Next High | 56.43 |
| Current Price | 57.680000000 |
| Next Low | 54.84 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
56.43 – 56.03 – 57.71 – 54.84 – 54.35 – 53.91 —
55.360000000 – 56.780000000 —
43.192764234817 – 67.37345113341 —
– —
56.43 – 1777867200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –