The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 44.59 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 43.73 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.07 |
| 2nd High | 45.95 |
| Next High | 44.59 |
| Current Price | 44.380000000 |
| Next Low | 43.73 |
| 2nd Low | 43.19 |
| 3rd Low | 42.99 |
44.59 – 44.04 – 45.95 – 43.73 – 43.19 – 42.99 —
43.960000000 – 44.240000000 —
45.592580543231 – 61.287206153777 —
– —
44.59 – 1781886600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –