Buy LTC/USDT – 1H – BUY

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

A bullish movement up to the next resistance line at 107.670000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 99.460000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 124.030000000
2nd High 122.730000000
Next High 107.670000000
Current Price 107.160000000
Next Low 99.460000000
2nd Low 97.540000000
3rd Low 96.620000000

Download LTC/USDT Signal Image

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