Buy LTC/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance line at 135.700000000 is likely expected.

Caution: A possible trend reversal in the direction of support at 121.900000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern 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
Next High 135.700000000
Current Price 142.700000000
Next Low 121.900000000
2nd Low 93.660000000
3rd Low 87.950000000

Download LTC/USDT Signal Image

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