The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 98.490000000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 86.780000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 93.56704 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 98.490000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. 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 | |
2nd High | |
Next High | 98.490000000 |
Current Price | 90.660000000 |
Next Low | 86.780000000 |
2nd Low | 81.600000000 |
3rd Low | 78.840000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers