The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 135.700000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 121.900000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive 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’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 135.700000000 |
Current Price | 142.700000000 |
Next Low | 121.900000000 |
2nd Low | 93.660000000 |
3rd Low | 87.950000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers