The currency pair Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 56.43 is considered certain.
Caution: A possible change in the direction of support at 54.76 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.71 |
| Next High | 56.43 |
| Current Price | 56.460000000 |
| Next Low | 54.76 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
56.43 – 56.03 – 55.64 – 54.76 – 54.95 – 54.99 —
55.620000000 – 56.090000000 —
61.085897630025 – 69.488313168697 —
– —
56.43 – 1777867200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –