The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline up.
An ascent upwards to the next resistance level at 128.150000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 118.250000000 could occur.
Consider stop-loss settings accordingly.
Next a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘Three Line Strike – Bullish’ candlestick pattern is found. The chart shows ‘Three Line Strike – Bullish’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 129.160000000 |
| Next High | 128.150000000 |
| Current Price | 120.100000000 |
| Next Low | 118.250000000 |
| 2nd Low | 117.370000000 |
| 3rd Low | 115.190000000 |
128.150000000 – 127.330000000 – 126.140000000 – 119.560000000 – 122.880000000 – 122.070000000 — 32.940489558325 – 42.025925041994
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Line Strike – Bullish – – –