LTC/USDT – 1H – BUY

The currency pair Litecoin/Tether (LTC/USDT) breaks through the bearish trendline up.

The bullish trend up to the next resistance line at 116.760000000 will persist.

Caution: A possible change in the direction of the support zone at 111.920000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 116.365 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 116.760000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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).

116.760000000 – 120.830000000 – 116.960000000 – 111.920000000 – 113.930000000 – 112.950000000 — 53.124667247405 – 54.312079138571

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