The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 57.71 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 54.76 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 58.71 |
| Next High | 57.71 |
| Current Price | 57.860000000 |
| Next Low | 54.76 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
55.92 – 56.43 – 55.44 – 54.76 – 54.95 – 54.99 —
56.850000000 – 57.250000000 —
62.303169545641 – 72.858800965253 —
– —
55.92 – 1777987800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –