LTC/USDT – 30M – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 117.120000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 112.730000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. 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 | |
| 2nd High | 122.000000000 |
| Next High | 117.120000000 |
| Current Price | 115.600000000 |
| Next Low | 112.730000000 |
| 2nd Low | 99.660000000 |
| 3rd Low | 98.200000000 |
117.120000000 – 122.000000000 – 121.470000000 – 112.730000000 – 114.000000000 – 99.660000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three White Soldiers –