Buy LTC/USDT – 1H – BUY

Then a ‘Double bottom chart pattern’ chart layout is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish signal. The pair is likely to go up.

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

A continuation of the uptrend up to the next resistance line at 115.120000000 is expected.

Caution: A possible counter-trend in the direction of the support level at 111.230000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Up’ candle pattern is detected. The candles show ‘Three Outside Up’. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 115.120000000
Current Price 115.280000000
Next Low 111.230000000
2nd Low 109.500000000
3rd Low 108.710000000

115.120000000 – 113.500000000 – 113.000000000 – 111.230000000 – 109.500000000 – 108.710000000 — 75.794048427113 – 78.102082719411

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