Buy LTC/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance level at 85.73 will persist.

Caution: A possible trend reversal in the direction of the support level at 83.14 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Line Strike – Bullish’ chart pattern is found. The chart forms ‘Three Line Strike – Bullish’. 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 success rate of a ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

Support & Resistance Price Range*
3rd High 87.8
2nd High 86.77
Next High 85.73
Current Price 84.040000000
Next Low 83.14
2nd Low 83.08
3rd Low 82.26

85.73 – 86.77 – 87.8 – 83.14 – 83.5 – 83.28 — 44.797225083754 – 48.688834620301 — 3.9337935129518 – 9.3125190446054 – 17.252502381645 – 9.4044066789576

Trading Signals:

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