Buy LTC/USDT – 1H – BUY

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

A bullish trend up to the next resistance level at 125.010000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 116.930000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency 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 138.670000000
2nd High 135.900000000
Next High 125.010000000
Current Price 122.500000000
Next Low 116.930000000
2nd Low 101.230000000
3rd Low 100.560000000

Download LTC/USDT Signal Image

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