The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 120.830000000 will persist.
Caution: A possible change in the direction of the support level at 111.920000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 134.190000000 |
| 2nd High | 124.770000000 |
| Next High | 120.830000000 |
| Current Price | 117.600000000 |
| Next Low | 111.920000000 |
| 2nd Low | 109.500000000 |
| 3rd Low | 106.380000000 |
120.830000000 – 118.730000000 – 115.120000000 – 111.920000000 – 109.500000000 – 106.380000000 — 59.062282481925 – 61.25677346164
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –