LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 70.12 is certain.
Caution: A possible counter-trend in the direction of the support level at 67.75 could occur.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.9 |
| 2nd High | 71.73 |
| Next High | 70.12 |
| Current Price | 69.930000000 |
| Next Low | 67.75 |
| 2nd Low | 66.98 |
| 3rd Low | 66.03 |
70.12 – 68.98 – 69.2 – 67.75 – 66.98 – 67.06 —
69.670000000 – 68.960000000 —
50.855856558302 – 46.554817842846 —
– —
70.12000 – 1769475600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – Double top retreat up – –