Buy LTC/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 117.300000000 is certain.

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

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 123.200000000
2nd High 119.130000000
Next High 117.300000000
Current Price 116.540000000
Next Low
2nd Low
3rd Low

117.300000000 – 119.130000000 – 123.200000000 – 113.450000000 – 112.060000000 – 112.110000000 — 58.344409253048 – 59.962538606901

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