LTC/USDT – 1H – BUYThe pair breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 74.380000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 70.640000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76.190000000 |
| 2nd High | 75.880000000 |
| Next High | 74.380000000 |
| Current Price | 73.700000000 |
| Next Low | 70.640000000 |
| 2nd Low | 64.850000000 |
| 3rd Low | 64.450000000 |