LTC/USDT – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 120.830000000 is likely expected.

Caution: A possible change in the direction of the support level at 113.130000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 120.83 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 120.830000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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).

118.120000000 – 115.870000000 – 116.760000000 – 113.130000000 – 112.000000000 – 111.920000000 — 67.454756080821 – 68.254523015116

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