The pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 57.71 is certain.
Caution: A possible change in the direction of support at 54.76 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. this 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 58.71 |
| Next High | 57.71 |
| Current Price | 56.830000000 |
| Next Low | 54.76 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
56.43 – 56.03 – 55.64 – 54.76 – 54.95 – 54.99 —
56.410000000 – 56.780000000 —
74.541231243666 – 74.427480116929 —
– —
56.43 – 1777867200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –