LTC/USDT – 4H – BUYThe pair Litecoin/Tether (LTC/USDT) jumps from the bearish trendline up.
An ascending movement upwards to the next resistance at 123.200000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 103.160000000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 134.190000000 |
| Next High | 123.200000000 |
| Current Price | 115.240000000 |
| Next Low | 103.160000000 |
| 2nd Low | 99.660000000 |
| 3rd Low | 91.200000000 |
123.200000000 – 134.190000000 – 126.420000000 – 116.550000000 – 118.360000000 – 118.250000000 — 38.441071326249 – 43.278608604688
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –