The combination Litecoin/Tether (LTC/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 44.14 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 43.56 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 48.02 |
| 2nd High | 46.92 |
| Next High | 44.14 |
| Current Price | 44.460000000 |
| Next Low | 43.56 |
| 2nd Low | 43.02 |
| 3rd Low | 42.69 |
44.14 – 43.54 – 43.54 – 43.56 – 43.02 – 42.69 —
44.390000000 – 44.460000000 —
70.162604977259 – 63.863688433016 —
– —
44.14 – 1781364600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –