The combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 52.510000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 45.07 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘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 success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 60.99 |
| 2nd High | 59.49 |
| Next High | 52.510000000 |
| Current Price | 52.120000000 |
| Next Low | 45.07 |
| 2nd Low | |
| 3rd Low |
52.510000000 – 59.49 – 60.99 – 45.07 – 57.07 – 56.87 —
52.510000000 – 51.420000000 —
53.105629795 – 49.355878396289 —
52.510000000 – 1770355800 —
– 1770355800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –