Buy LTC/USDT – 4H – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance line at 124.770000000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 109.500000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 134.190000000
Next High 124.770000000
Current Price 116.370000000
Next Low 109.500000000
2nd Low 106.380000000
3rd Low 103.160000000

115.120000000 – 116.270000000 – 124.770000000 – 109.500000000 – 106.380000000 – 108.300000000 — 64.653878236095 – 68.252173841074

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