In addition a ‘Double top retreat up’ chart layout is found. The formation shows ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to rise.
The currency pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline upwards
A bullish movement up to the next resistance level at 122.290000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 122.290000000 |
| Current Price | 113.470000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
122.290000000 – 122.000000000 – 112.390000000 – 112.590000000 – 114.000000000 – 99.660000000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Double top retreat up –