The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 54.93 is expected.
Caution: A possible trend reversal in the direction of support at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. 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 | 55.49 |
| 2nd High | 55.13 |
| Next High | 54.93 |
| Current Price | 54.900000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
54.93 – 53.34 – 53.51 – 53.77 – 52.95 – 52.36 —
54.030000000 – 54.360000000 —
40.358609941074 – 52.661325869109 —
– —
54.93 – 1771246800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –