LTC/USDT – 4H – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 118.730000000 will continue.
Caution: A possible change in the direction of the support level at 109.500000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 134.190000000 |
| 2nd High | 124.770000000 |
| Next High | 118.730000000 |
| Current Price | 118.990000000 |
| Next Low | 109.500000000 |
| 2nd Low | 106.380000000 |
| 3rd Low | 103.160000000 |
118.730000000 – 115.120000000 – 116.270000000 – 109.500000000 – 106.380000000 – 108.300000000 — 64.456052750518 – 67.66709982842
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –