LTC/USDT – 4H – BUYThe pair goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at is certain.
Caution: A possible counter-trend in the direction of support at 64.450000000 is within the realm of possibility.
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 is certain. Current target is 76.19 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 82.400000000 |
| Next Low | 64.450000000 |
| 2nd Low | 63.220000000 |
| 3rd Low | 61.920000000 |