The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 134.190000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this 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 White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 134.190000000 |
| Current Price | 120.620000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
134.190000000 – 126.420000000 – 129.160000000 – 118.360000000 – 118.250000000 – 103.160000000 — 44.513464238764 – 46.391894249379
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –