The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 56.05 will persist.
Caution: A possible counter-trend in the direction of the support level at 54 could happen.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 57.66 |
| 2nd High | 57.23 |
| Next High | 56.05 |
| Current Price | 56.420000000 |
| Next Low | 54 |
| 2nd Low | 53.8 |
| 3rd Low | 53.54 |
55.48 – 54.69 – 55.28 – 54 – 53.8 – 53.95 —
55.100000000 – 56.090000000 —
56.407146867991 – 72.812681729248 —
– —
55.48 – 1773361800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –