The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 112.390000000 is likely expected.
Caution: A possible change in the direction of the support level at 100.040000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. 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 | 102.500000000 |
| Next Low | 100.040000000 |
| 2nd Low | 99.820000000 |
| 3rd Low | 98.200000000 |
112.390000000 – 99.960000000 – 97.260000000 – 100.040000000 – 99.820000000 – 98.200000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three White Soldiers –