The combination Litecoin/Tether (LTC/USDT) moves from the bearish trendline up.
A bullish trend up to the next resistance level at 69.89 will persist.
Caution: A possible counter-trend in the direction of the support level at 65.58 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70.01 |
| 2nd High | 70 |
| Next High | 69.89 |
| Current Price | 66.150000000 |
| Next Low | 65.58 |
| 2nd Low | 52.71 |
| 3rd Low |
69.89 – 70 – 70.01 – 67.72 – 68.42 – 69.19 —
66.260000000 – 66.020000000 —
26.948827704278 – 42.993645734828 —
– —
69.89000 – 1769630400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –