The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 43.54 will continue.
Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish 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 | 48.56 |
| 2nd High | 43.82 |
| Next High | 43.54 |
| Current Price | 43.660000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
43.54 – 42.95 – 42.92 – 42.19 – 41.91 – 41.25 —
43.090000000 – 43.370000000 —
54.823126476171 – 57.314677113341 —
– —
43.54 – 1781276400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –