LTC/USDT – 1H – BUY

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

An ascent upwards to the next resistance line at 116.270000000 is certain.

Caution: A possible change in the direction of support at 112.170000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Then a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The 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).

116.270000000 – 124.770000000 – 122.130000000 – 112.170000000 – 106.700000000 – 120.400000000 — 57.550378326726 – 59.093761532205

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –