LTC/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance line at 114.590000000 will persist.

Caution: A possible change in the direction of the support zone at 113.020000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 115.2107 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 114.590000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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

114.230000000 – 114.590000000 – 116.270000000 – 113.020000000 – 111.320000000 – 112.170000000 — 64.27335711244 – 66.318629081819

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –