The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 106.270000000 is considered certain.
Caution: A possible change in the direction of the support level at 92.570000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Advance Block’ candlestick chart pattern is found. The candles form ‘Advance Block’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 117.380000000 |
2nd High | 114.900000000 |
Next High | 106.270000000 |
Current Price | 95.200000000 |
Next Low | 92.570000000 |
2nd Low | 88.880000000 |
3rd Low | 87.950000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Advance Block