Buy LTC/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 56.43 is considered certain.

Caution: A possible change in the direction of support at 54.76 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 58.71
2nd High 57.71
Next High 56.43
Current Price 56.460000000
Next Low 54.76
2nd Low 54.35
3rd Low 53.91

56.43 – 56.03 – 55.64 – 54.76 – 54.95 – 54.99 —
55.620000000 – 56.090000000 —
61.085897630025 – 69.488313168697 —
– —
56.43 – 1777867200

Trading Signals:

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