The pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 56.05 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 54 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 57.66 |
| 2nd High | 57.23 |
| Next High | 56.05 |
| Current Price | 55.950000000 |
| Next Low | 54 |
| 2nd Low | 53.8 |
| 3rd Low | 53.54 |
55.48 – 54.69 – 55.28 – 54 – 53.8 – 53.95 —
55.380000000 – 55.360000000 —
64.476623697977 – 63.273146009962 —
– —
55.48 – 1773361800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –