The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance level at 101.660000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 96.830000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. 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 | 101.800000000 |
2nd High | 101.750000000 |
Next High | 101.660000000 |
Current Price | 102.440000000 |
Next Low | 96.830000000 |
2nd Low | 96.620000000 |
3rd Low | 94.720000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers