The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 115.470000000 will continue.
Caution: A possible counter-trend in the direction of support at 106.740000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.290000000 |
| 2nd High | 116.380000000 |
| Next High | 115.470000000 |
| Current Price | 109.850000000 |
| Next Low | 106.740000000 |
| 2nd Low | 106.580000000 |
| 3rd Low | 99.660000000 |
115.470000000 – 115.470000000 – 116.380000000 – 106.740000000 – 109.330000000 – 108.180000000 — 47.848472569304 – 51.824286408774
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Triple top chart pattern –