LTC/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance line at 110.400000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 106.820000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 111.105 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 110.400000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

110.400000000 – 109.630000000 – 115.470000000 – 106.820000000 – 107.210000000 – 106.740000000 — 50.26825138732 – 53.738174366694

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – Triple top chart pattern –