Buy LTC/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance at 43.54 will continue.

Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 48.56
2nd High 43.82
Next High 43.54
Current Price 43.660000000
Next Low
2nd Low
3rd Low

43.54 – 42.95 – 42.92 – 42.19 – 41.91 – 41.25 —
43.090000000 – 43.370000000 —
54.823126476171 – 57.314677113341 —
– —
43.54 – 1781276400

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