The pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 55.65 is likely expected.
Caution: A possible change in the direction of the support level at 54.67 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56 |
| 2nd High | 55.88 |
| Next High | 55.65 |
| Current Price | 55.600000000 |
| Next Low | 54.67 |
| 2nd Low | 53.33 |
| 3rd Low | 52.95 |
55.65 – 54.93 – 53.34 – 54.67 – 53.33 – 53.77 —
55.260000000 – 55.410000000 —
57.706145068209 – 54.712330672202 —
– —
55.65 – 1771277400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –