The pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 57.66 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 51.47 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 61.38 |
| 2nd High | 59 |
| Next High | 57.66 |
| Current Price | 53.860000000 |
| Next Low | 51.47 |
| 2nd Low | 50.18 |
| 3rd Low | 45.07 |
57.66 – 55.72 – 59 – 51.47 – 50.18 – 51.42 —
56.610000000 – 53.790000000 —
55.129598815207 – 38.097522262192 —
– —
57.66 – 1772640000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Symmetrical Triangle Chart Pattern – –