The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 61.38 will continue.
Caution: A possible change in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70.49 |
| 2nd High | 66.02 |
| Next High | 61.38 |
| Current Price | 55.610000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
61.38 – 60.49 – 61.17 – 45.07 – 57.07 – 56.87 —
51.270000000 – 54.600000000 —
37.40668642038 – 58.318702479518 —
– —
61.38 – 1770148800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –