The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 55.4 is expected.
Caution: A possible change in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. 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 ‘StochOSC Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. 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 likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.72 |
| 2nd High | 55.44 |
| Next High | 55.4 |
| Current Price | 55.340000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
55.4 – 55.44 – 55.72 – 54.64 – 53.91 – 54.7 —
54.960000000 – 55.030000000 —
41.479095215633 – 45.625360808771 —
– —
55.4 – 1776709800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –