LTC/USDT – 30M – BUY

Furthermore a ‘Double bottom chart pattern’ chart formation is discovered. The chart forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.

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

A continuation of the upward movement upwards to the next resistance level at 96.880000000 will continue.

Caution: A possible change in the direction of the support level at 93.870000000 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 98.32 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 96.880000000 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive 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%.

96.880000000 – 95.310000000 – 94.060000000 – 93.870000000 – 90.750000000 – 92.460000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern