The currency pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 58.71 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 55.34 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59.49 |
| 2nd High | 59 |
| Next High | 58.71 |
| Current Price | 57.270000000 |
| Next Low | 55.34 |
| 2nd Low | 54.59 |
| 3rd Low | 53.78 |
56.61 – 55.73 – 55.65 – 55.34 – 54.59 – 54.81 —
56.420000000 – 56.670000000 —
62.753741564625 – 64.547031475919 —
– —
56.61 – 1776364200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –