LTC/USDT – 30M – BUY

The combination jumps from the bullish trendline downwards

The bearish trend down to the next support at 71.080000000 is expected.

Caution: A possible counter-trend in the direction of resistance at 73.960000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 73.96 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 73.960000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ heading up is 82%.

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