The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 43.86 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 43.1 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 43.710000000 |
| Next Low | 43.1 |
| 2nd Low | 42.54 |
| 3rd Low | 41.14 |
43.86 – 43.93 – 43.7 – 43.1 – 42.54 – 41.14 —
43.410000000 – 43.580000000 —
49.847028968837 – 56.371985701204 —
– —
43.86 – 1783042200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –