The combination Litecoin/Tether (LTC/USDT) goes from the descending trendline up.
An ascent up to the next resistance level at 115.520000000 is certain.
Caution: A possible counter-trend in the direction of support at 112.110000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119.130000000 |
| 2nd High | 116.760000000 |
| Next High | 115.520000000 |
| Current Price | 114.370000000 |
| Next Low | 112.110000000 |
| 2nd Low | 103.160000000 |
| 3rd Low | 99.660000000 |
115.520000000 – 116.760000000 – 119.130000000 – 112.110000000 – 113.420000000 – 115.290000000 — 47.786839523247 – 51.874422602393
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –