Buy LTC/USDT – 4H – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

A bullish trend up to the next resistance at 57.42 will persist.

Caution: A possible trend reversal in the direction of the support zone at 53.91 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘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 success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 59
2nd High 58.71
Next High 57.42
Current Price 56.300000000
Next Low 53.91
2nd Low 52.66
3rd Low 52.59

57.42 – 55.71 – 55.74 – 53.91 – 52.66 – 52.91 —
55.400000000 – 55.620000000 —
49.422033569536 – 53.776900282584 —
– —
57.42 – 1776427200

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