LTC/USDT – 30M – BUYThe currency pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 84.650000000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 78.840000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The 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 | |
| 2nd High | 85.000000000 |
| Next High | 84.650000000 |
| Current Price | 83.360000000 |
| Next Low | 78.840000000 |
| 2nd Low | 77.630000000 |
| 3rd Low | 73.160000000 |