LTC/USDT – 1H – BUYThe currency pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline upwards
An ascent upwards to the next resistance level at 54.93 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 51.420000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern 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 | 55.88 |
| 2nd High | 55.85 |
| Next High | 54.93 |
| Current Price | 53.080000000 |
| Next Low | 51.420000000 |
| 2nd Low | 51 |
| 3rd Low |
54.93 – 55.85 – 55.65 – 51.420000000 – 52.95 – 53.17 —
52.100000000 – 52.780000000 —
25.294940724567 – 47.631258858407 —
51.420000000 – 1771516800 —
54.93 – 1771426800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –