Buy LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards

An ascent upwards to the next resistance line at 115.470000000 will continue.

Caution: A possible counter-trend in the direction of support at 106.740000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 122.290000000
2nd High 116.380000000
Next High 115.470000000
Current Price 109.850000000
Next Low 106.740000000
2nd Low 106.580000000
3rd Low 99.660000000

115.470000000 – 115.470000000 – 116.380000000 – 106.740000000 – 109.330000000 – 108.180000000 — 47.848472569304 – 51.824286408774

Trading Signals:

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