LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance at 122.730000000 will continue.

Caution: A possible counter-trend in the direction of the support level at 97.540000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 110.325 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 122.730000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers