The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 45.91 will persist.
Caution: A possible change in the direction of the support level at 44.11 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Outside Up’ candle chart pattern is found. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.15 |
| 2nd High | 46.1 |
| Next High | 45.91 |
| Current Price | 45.580000000 |
| Next Low | 44.11 |
| 2nd Low | 42.92 |
| 3rd Low | 41.14 |
45.91 – 45.42 – 46.1 – 44.11 – 44.35 – 42.92 —
45.110000000 – 45.290000000 —
52.004832514606 – 55.167725699483 —
– —
45.91 – 1784257200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –