LTC/USDT – 4H – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 115.120000000 is expected.
Caution: A possible trend reversal in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 115.120000000 |
| Current Price | 114.240000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
115.120000000 – 116.270000000 – 124.770000000 – 109.500000000 – 106.380000000 – 108.300000000 — 62.083030887752 – 64.228326561886
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –