LTC/USDT – 1H – BUYNext a ‘Falling Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 85.680000000 is expected.
Caution: A possible trend reversal in the direction of support at 82.490000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94.170000000 |
| 2nd High | 87.390000000 |
| Next High | 85.680000000 |
| Current Price | 85.020000000 |
| Next Low | 82.490000000 |
| 2nd Low | 81.300000000 |
| 3rd Low | 80.990000000 |
85.680000000 – 87.390000000 – 86.910000000 – 82.490000000 – 84.200000000 – 81.300000000
Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three White Soldiers