Buy LTC/USDT – 30M – BUY

The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline up.

An ascent upwards to the next resistance level at 128.150000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 118.250000000 could occur.
Consider stop-loss settings accordingly.

Next a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Three Line Strike – Bullish’ candlestick pattern is found. The chart shows ‘Three Line Strike – Bullish’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 129.160000000
Next High 128.150000000
Current Price 120.100000000
Next Low 118.250000000
2nd Low 117.370000000
3rd Low 115.190000000

128.150000000 – 127.330000000 – 126.140000000 – 119.560000000 – 122.880000000 – 122.070000000 — 32.940489558325 – 42.025925041994

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