The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 112.390000000 is considered certain.
Caution: A possible change in the direction of the support zone at 99.820000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candlestick chart pattern is discovered. 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 probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 112.390000000 |
| Current Price | 102.050000000 |
| Next Low | 99.820000000 |
| 2nd Low | 98.200000000 |
| 3rd Low | 95.560000000 |
112.390000000 – 99.960000000 – 97.260000000 – 99.820000000 – 98.200000000 – 95.560000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three White Soldiers –