LTC/USDT – 1H – BUYThe combination breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 73.960000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 70.640000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. 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 | 75.880000000 |
| 2nd High | 74.380000000 |
| Next High | 73.960000000 |
| Current Price | 73.980000000 |
| Next Low | 70.640000000 |
| 2nd Low | 64.850000000 |
| 3rd Low | 64.450000000 |