LTC/USDT – 1H – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 82.780000000 is considered certain.
Caution: A possible change in the direction of the support level at 68.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 82.780000000 |
| Current Price | 78.300000000 |
| Next Low | 68.000000000 |
| 2nd Low | 64.850000000 |
| 3rd Low | 64.450000000 |