LTC/USDT – 30M – BUY

The pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline upwards

A bullish movement up to the next resistance at 112.100000000 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 108.630000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also 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 signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 111.625 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 112.100000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which 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).

110.170000000 – 112.100000000 – 113.940000000 – 108.630000000 – 111.440000000 – 113.020000000 — 57.654431140735 – 58.354825356788

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Double top retreat up – –