The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 59 is likely expected.
Caution: A possible change in the direction of the support level at 50.18 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bearish SBS White Lines’ candle chart pattern is existing. The chart forms ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66.02 |
| 2nd High | 61.38 |
| Next High | 59 |
| Current Price | 56.560000000 |
| Next Low | 50.18 |
| 2nd Low | 45.07 |
| 3rd Low |
59 – 56.01 – 55.47 – 50.18 – 52.71 – 51.42 —
58.460000000 – 56.860000000 —
70.714079152626 – 57.504531627981 —
– —
59 – 1772053200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish SBS White Lines – – –