LTC/USDT – 1H – BUY

Next a ‘Triple bottom chart pattern’ chart pattern is found. The formation shows ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.

Next a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which is often a bearish signal. The currency pair could go down.

Next a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 129.16 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 126.420000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

126.420000000 – 124.390000000 – 129.160000000 – 119.320000000 – 117.370000000 – 115.190000000 — 54.778076928385 – 60.48434616144

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Triple bottom chart pattern – –