Buy LTC/USDT – 30M – BUY

The pair breaks through the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 74.620000000 will continue.

Caution: A possible trend reversal in the direction of the support line at 71.580000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 73.96 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 74.620000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. 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 76.190000000
2nd High 75.880000000
Next High 74.620000000
Current Price 74.490000000
Next Low 71.580000000
2nd Low 71.080000000
3rd Low 70.640000000

Download LTC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals