LTC/USDT – 1H – BUY

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

A bullish ascent up to the next resistance at 113.000000000 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 108.710000000 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 113 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 113.000000000 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

113.000000000 – 111.350000000 – 111.910000000 – 108.710000000 – 106.380000000 – 107.240000000 — 57.320576573515 – 57.614594592266

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