LTC/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance line at 122.730000000 is expected.

Caution: A possible change in the direction of the support line at 104.610000000 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 112.96 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 122.730000000 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Download LTC/USDT Signal Image

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