Buy LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

A bullish trend up to the next resistance level at 90.180000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 84.680000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. 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 98.490000000
2nd High 95.000000000
Next High 90.180000000
Current Price 86.080000000
Next Low 84.680000000
2nd Low 78.840000000
3rd Low 77.630000000

Download LTC/USDT Signal Image

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