The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 55.84 is certain.
Caution: A possible change in the direction of the support zone at 54.37 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Tweezers Bottom’ chart pattern is detected. The candles form ‘Tweezers Bottom’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.71 |
| 2nd High | 56.05 |
| Next High | 55.84 |
| Current Price | 54.550000000 |
| Next Low | 54.37 |
| 2nd Low | 54 |
| 3rd Low | 53.8 |
55.84 – 56.05 – 56.71 – 54.37 – 55.15 – 54 —
54.740000000 – 54.520000000 —
39.927203628266 – 37.278432913118 —
– —
55.84 – 1773460800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Bottom – – –