Buy LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance line at 125.340000000 is certain.

Caution: A possible trend reversal in the direction of the support level at 114.260000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 125.34 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 125.340000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which 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 chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 138.670000000
2nd High 135.900000000
Next High 125.340000000
Current Price 123.540000000
Next Low 114.260000000
2nd Low 101.230000000
3rd Low 100.560000000

Download LTC/USDT Signal Image

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