The currency pair Litecoin/Tether (LTC/USDT) moves from the descending trendline up.
A bullish trend up to the next resistance line at 45.91 is expected.
Caution: A possible trend reversal in the direction of the support level at 44.35 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Bullish Separating Lines’ candlestick chart pattern is existing. The candles show ‘Bullish Separating Lines’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.15 |
| 2nd High | 46.1 |
| Next High | 45.91 |
| Current Price | 44.430000000 |
| Next Low | 44.35 |
| 2nd Low | 42.92 |
| 3rd Low | 42.54 |
45.91 – 45.38 – 45.34 – 44.79 – 44.35 – 44.87 —
44.780000000 – 44.430000000 —
34.197807181206 – 39.551331144312 —
– —
45.91 – 1784257200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Separating Lines – – –