The combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 76.190000000 is likely expected.
Caution: A possible change in the direction of the support line at 71.580000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 73.96 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 76.190000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish 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 |
|
2nd High |
|
Next High |
76.190000000 |
Current Price |
76.130000000 |
Next Low |
71.580000000 |
2nd Low |
70.640000000 |
3rd Low |
64.850000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT