The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 44.59 is expected.
Caution: A possible reversal of the trend in the direction of support at 43.730000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish SBS White Lines’ candle pattern is detected. The candles form ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.07 |
| 2nd High | 45.95 |
| Next High | 44.59 |
| Current Price | 43.920000000 |
| Next Low | 43.730000000 |
| 2nd Low | 43.19 |
| 3rd Low | 42.99 |
44.59 – 44.04 – 45.95 – 43.730000000 – 43.19 – 42.99 —
43.860000000 – 43.960000000 —
46.242569747099 – 45.592581020439 —
43.730000000 – 1781908200 —
44.59 – 1781886600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish SBS White Lines – – –