The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 81.78 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 75.26 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. which is a positive chart scenario. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84.89 |
| 2nd High | 82.42 |
| Next High | 81.78 |
| Current Price | 79.320000000 |
| Next Low | 75.26 |
| 2nd Low | 75.22 |
| 3rd Low | 72.64 |
81.78 – 82.42 – 81.99 – 75.26 – 75.6 – 77.74 — 59.310579622239 – 66.35846956505 — 87.094093209975 – 91.065927295132 – 89.561199620422 – 88.722883983531
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Triple bottom chart pattern – –