LTC/USDT – 30M – BUYThe combination breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 74.380000000 will continue.
Caution: A possible trend reversal in the direction of the support line at 71.080000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 73.05 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 74.380000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.880000000 |
| 2nd High | 74.620000000 |
| Next High | 74.380000000 |
| Current Price | 73.450000000 |
| Next Low | 71.080000000 |
| 2nd Low | 70.640000000 |
| 3rd Low | 70.170000000 |