LTC/USDT – 1H – BUYThe pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 87.25 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 82.26 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Besides a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 109.59 |
| 2nd High | 97.55 |
| Next High | 87.25 |
| Current Price | 86.230000000 |
| Next Low | 82.26 |
| 2nd Low | 82.19 |
| 3rd Low | 80.82 |
87.25 – 85 – 84.39 – 82.26 – 82.19 – 80.82 — 54.928395603508 – 61.691084143992 — 57.752978828065 – 80.635193484355 – 36.479077401717 – 55.467861628554
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom retreat down – –