LTC/USDT – 4H – BUYThe currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 123.200000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 103.160000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency 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 | |
| 2nd High | 134.190000000 |
| Next High | 123.200000000 |
| Current Price | 115.370000000 |
| Next Low | 103.160000000 |
| 2nd Low | 99.660000000 |
| 3rd Low | 91.200000000 |
123.200000000 – 134.190000000 – 126.420000000 – 116.550000000 – 118.360000000 – 118.250000000 — 41.314697864746 – 43.643028690474
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –