LTC/USDT – 1H – BUY

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 56.03588 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 56.43 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

56.43 – 56.03 – 55.64 – 54.76 – 54.95 – 54.99 —
55.280000000 – 55.560000000 —
44.161476177685 – 59.136198876103 —
– —
56.43 – 1777867200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –