The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 56.47 is likely expected.
Caution: A possible change in the direction of the support level at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66.02 |
| 2nd High | 61.38 |
| Next High | 56.47 |
| Current Price | 55.770000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
56.47 – 61.38 – 60.49 – 45.07 – 57.07 – 56.87 —
55.710000000 – 54.820000000 —
57.273832239117 – 53.491263029045 —
– —
56.47 – 1770397200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –