LTC/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 66.6 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 70.49 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. 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 | 75.9 |
| 2nd High | 71.73 |
| Next High | 70.49 |
| Current Price | 65.740000000 |
| Next Low | 62.71 |
| 2nd Low | 52.71 |
| 3rd Low |
70.49 – 70.12 – 68.98 – 62.71 – 68.42 – 68.64 —
64.400000000 – 65.650000000 —
39.899324444376 – 50.267330079464 —
– —
70.49000 – 1769554800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –