The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 96.600000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 93.660000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. 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 | 99.230000000 |
2nd High | 99.000000000 |
Next High | 96.600000000 |
Current Price | 96.660000000 |
Next Low | 93.660000000 |
2nd Low | 88.880000000 |
3rd Low | 87.950000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers