LTC/USDT – 1H – BUY

The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 118.730000000 is expected.

Caution: A possible trend reversal in the direction of the support line at 111.900000000 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 detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Then 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

118.730000000 – 115.420000000 – 115.410000000 – 111.900000000 – 111.230000000 – 109.500000000 — 47.77332085312 – 49.082073364921

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