LTC/USDT – 4H – BUYThe pair goes from the bullish trendline downwards
A descent downwards to the next support level at 64.450000000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 76.19 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The 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 | |
| 2nd High | |
| Next High | |
| Current Price | 77.570000000 |
| Next Low | 64.450000000 |
| 2nd Low | 63.220000000 |
| 3rd Low | 61.920000000 |