LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 120.830000000 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 112.950000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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).

120.830000000 – 116.960000000 – 118.730000000 – 112.950000000 – 111.900000000 – 111.230000000 — 29.482244499577 – 31.606014373749

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