LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 68.98 is considered certain.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
And also a ‘StochRSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish signal. 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.6 |
| 2nd High | 69.2 |
| Next High | 68.98 |
| Current Price | 69.260000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
68.98 – 69.2 – 69.6 – 67.750000000 – 66.98 – 67.06 —
68.330000000 – 68.570000000 —
40.657143142086 – 50.749880778984 —
67.750000000 – 1769270400 —
68.98000 – 1769266800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –