The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 56.43 is expected.
Caution: A possible counter-trend in the direction of the support line at 54.950000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochOSC Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘StochOSC Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Die Paarung wird wahrscheinlich steigen.
Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 55.635 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 56.43 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Up’ candle chart pattern is found. The candles form ‘Three Outside Up’. which is a bullish 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 | 58.71 |
| 2nd High | 57.71 |
| Next High | 56.43 |
| Current Price | 55.360000000 |
| Next Low | 54.950000000 |
| 2nd Low | 54.84 |
| 3rd Low |
56.43 – 55.44 – 55.71 – 54.950000000 – 54.99 – 54.84 —
55.940000000 – 55.340000000 —
35.259401438671 – 38.726668795024 —
54.950000000 – 1777888800 —
56.43 – 1777867200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –