LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 55.65 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 53.33 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.88 |
| 2nd High | 55.7 |
| Next High | 55.65 |
| Current Price | 55.600000000 |
| Next Low | 53.33 |
| 2nd Low | 51.51 |
| 3rd Low | 51 |
55.65 – 55.7 – 53.81 – 53.33 – 51.51 – 51 —
55.210000000 – 55.500000000 —
57.547512023851 – 58.53940645366 —
– —
55.65 – 1771275600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –