The pair Litecoin/Tether (LTC/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 43.86 is expected.
Caution: A possible counter-trend in the direction of support at 43.1 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 45.84 |
| 2nd High | 43.93 |
| Next High | 43.86 |
| Current Price | 45.220000000 |
| Next Low | 43.1 |
| 2nd Low | 42.54 |
| 3rd Low | 41.14 |
43.86 – 43.93 – 43.7 – 43.1 – 42.54 – 41.14 —
43.650000000 – 44.420000000 —
55.49138268915 – 72.43383572517 —
– —
43.86 – 1783042200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –