The pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 44.59 is likely expected.
Caution: A possible counter-trend in the direction of support at 43.73 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Inverted Hammer’ candle pattern is detected. The candles form ‘Inverted Hammer’. this 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 likelyhood of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.07 |
| 2nd High | 45.95 |
| Next High | 44.59 |
| Current Price | 44.140000000 |
| Next Low | 43.73 |
| 2nd Low | 43.19 |
| 3rd Low | 42.99 |
44.59 – 44.04 – 45.95 – 43.73 – 43.19 – 42.99 —
44.040000000 – 44.160000000 —
52.461901737749 – 50.881043290636 —
– —
44.59 – 1781886600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Inverted Hammer – – –