Buy LTC/USDT – 4H – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the descending trendline up.

An ascending movement up to the next resistance level at 120.830000000 will persist.

Caution: A possible change in the direction of the support level at 111.920000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. 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 134.190000000
2nd High 124.770000000
Next High 120.830000000
Current Price 117.600000000
Next Low 111.920000000
2nd Low 109.500000000
3rd Low 106.380000000

120.830000000 – 118.730000000 – 115.120000000 – 111.920000000 – 109.500000000 – 106.380000000 — 59.062282481925 – 61.25677346164

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