LTC/USDT – 4H – BUY

The currency pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline upwards

A continuation of the uptrend up to the next resistance at 122.290000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 106.580000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘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 success rate of a ‘Three White Soldiers’ heading up is 82%.

122.290000000 – 122.000000000 – 97.990000000 – 106.580000000 – 99.660000000 – 91.200000000 — 52.199784166135 – 55.155044474541

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