The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 43.11 will persist.
Caution: A possible counter-trend in the direction of support at 41.91 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 43.5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 43.11 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. 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 | 43.82 |
| 2nd High | 43.5 |
| Next High | 43.11 |
| Current Price | 43.110000000 |
| Next Low | 41.91 |
| 2nd Low | 41.25 |
| 3rd Low | 41.1 |
42.95 – 42.92 – 43.11 – 41.91 – 41.25 – 41.86 —
42.730000000 – 42.840000000 —
53.071765633204 – 59.231219969711 —
– —
42.95 – 1781199000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –