Buy LTC/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 134.190000000 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 118.360000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 134.190000000
Current Price 133.070000000
Next Low 118.360000000
2nd Low 118.250000000
3rd Low 117.370000000

134.190000000 – 128.150000000 – 126.140000000 – 118.360000000 – 122.070000000 – 118.250000000 — 60.34717081535 – 63.799964971861

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