LTC/USDT – 1H – BUYThe currency pair moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 74.380000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 70.640000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 73.320000000 |
| Next Low | 70.640000000 |
| 2nd Low | 64.850000000 |
| 3rd Low | 64.450000000 |