Next a ‘Double top retreat up’ chart layout is existing. The formation shows ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.
The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline up.
The bullish trend up to the next resistance level at 119.130000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 115.290000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Outside Up’ candlestick chart pattern is detected. The candles show ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123.200000000 |
| 2nd High | 122.990000000 |
| Next High | 119.130000000 |
| Current Price | 115.370000000 |
| Next Low | 115.290000000 |
| 2nd Low | 115.190000000 |
| 3rd Low | 103.160000000 |
119.130000000 – 122.990000000 – 123.200000000 – 115.290000000 – 115.310000000 – 120.470000000 — 39.874581967308 – 42.182460077599
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double top retreat up – –