LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 69.6 is certain.
Caution: A possible change in the direction of the support zone at 66.98 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71.73 |
| 2nd High | 69.71 |
| Next High | 69.6 |
| Current Price | 68.620000000 |
| Next Low | 66.98 |
| 2nd Low | 66.03 |
| 3rd Low | 65.9 |
69.2 – 69.6 – 69.71 – 66.98 – 67.06 – 66.03 — 50.395529971 – 55.041065299242 — 69.130865095235 – 84.039265588075 – 65.350407669986 – 72.518128017128
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –