The combination Litecoin/Tether (LTC/USDT) goes from the descending trendline up.
An ascent up to the next resistance level at 59.49 is considered certain.
Caution: A possible counter-trend in the direction of the support level at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 61.38 |
| 2nd High | 60.99 |
| Next High | 59.49 |
| Current Price | 50.920000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
59.49 – 60.99 – 61.38 – 57.07 – 56.87 – 59.35 —
52.010000000 – 50.340000000 —
29.664674299463 – 37.001935778821 —
– —
59.49 – 1770255000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –