Buy LTC/USDT – 1H – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 53.095 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 56.01 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish pattern 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High 61.38
2nd High 56.47
Next High 56.01
Current Price 52.750000000
Next Low 50.18
2nd Low 45.07
3rd Low

56.01 – 55.47 – 54.93 – 50.18 – 52.71 – 51.42 —
51.580000000 – 51.450000000 —
44.492377883218 – 44.04442756513 —
– —
56.01 – 1771689600

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