The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 115.000000000 is likely expected.
Caution: A possible change in the direction of the support level at 108.180000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 122.290000000 |
| 2nd High | 115.430000000 |
| Next High | 115.000000000 |
| Current Price | 114.280000000 |
| Next Low | 108.180000000 |
| 2nd Low | 106.580000000 |
| 3rd Low | 99.660000000 |
115.000000000 – 115.430000000 – 114.350000000 – 108.180000000 – 110.930000000 – 106.580000000 — 53.987000002279 – 63.538031324379
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Triple top chart pattern –