The currency pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 48.56 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 42.19 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Next a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 52.78 |
| 2nd High | 52.76 |
| Next High | 48.56 |
| Current Price | 45.140000000 |
| Next Low | 42.19 |
| 2nd Low | 41.91 |
| 3rd Low | 41.25 |
44.69 – 43.54 – 42.95 – 42.19 – 41.91 – 41.25 —
44.030000000 – 44.490000000 —
49.681716093953 – 64.788089911785 —
– —
44.69 – 1781398800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –