The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 57.66 is expected.
Caution: A possible change in the direction of support at 54.3 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Three Outside Up’ candle pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59.49 |
| 2nd High | 59 |
| Next High | 57.66 |
| Current Price | 57.040000000 |
| Next Low | 54.3 |
| 2nd Low | 53.02 |
| 3rd Low | 53 |
57.66 – 56.68 – 55.38 – 54.3 – 53.02 – 53 —
56.340000000 – 56.910000000 —
41.714852283985 – 53.010849096642 —
– —
57.66 – 1772652600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –