The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 92.160000000 will continue.
Caution: A possible change in the direction of the support level at 87.950000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 93.59 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 92.160000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. 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 | 99.230000000 |
2nd High | 95.310000000 |
Next High | 92.160000000 |
Current Price | 91.650000000 |
Next Low | 87.950000000 |
2nd Low | 87.630000000 |
3rd Low | 87.080000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers