Buy LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards

A bullish movement up to the next resistance at 61.38 will continue.

Caution: A possible change in the direction of the support level at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High 70.49
2nd High 66.02
Next High 61.38
Current Price 55.610000000
Next Low
2nd Low
3rd Low

61.38 – 60.49 – 61.17 – 45.07 – 57.07 – 56.87 —
51.270000000 – 54.600000000 —
37.40668642038 – 58.318702479518 —
– —
61.38 – 1770148800

Trading Signals:

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