The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 54.41 is certain.
Caution: A possible counter-trend in the direction of the support zone at 53.13 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency 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 | 55.18 |
| 2nd High | 54.93 |
| Next High | 54.41 |
| Current Price | 54.150000000 |
| Next Low | 53.13 |
| 2nd Low | 53.06 |
| 3rd Low | 52.96 |
54.02 – 54.14 – 54.41 – 53.13 – 53.06 – 52.96 —
53.570000000 – 54.080000000 —
47.168140584067 – 56.82174417565 —
– —
54.02 – 1774944000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –