LTC/USDT – 1H – BUY

The pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support level at 130.080000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 138.670000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 138.53 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 138.670000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Download LTC/USDT Signal Image

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